you are considering opening a designer shoe store at The Summit. Available space allows you the possibility to build a large store, a smaller store, or no store at all. Here is the table:

States of Nature

Alternatives Good Economy Fair Economy Poor Economy

Large Shop $90,000 $40,000 -$40,000

Small Shop $65,000 $28,000 -$25,000

Do Nothing 0 00

Probabilities 40% 30% 30%

What is the EOL amount?

a. $8,000

b. $12,000

c. $36,000

d. $49,000