A company is considering a proposal to open an online gambling business. management team determines that the business will most likely generate $8 million in profit each year; but there are two possible exceptions. first exception is, there is a small 5% chance that the business will be wildly successful and generate $26 million in profit each year. second exception is, there is a 2% chance the gambling business will be found to be illegal, the business is shut down, and the company is fined, for a total loss of $294 million. what is the expected profit of this proposal to open the online gambling business? enter a number (negative if it's a loss), rounded to the nearest thousand. do not type the $ symbol. do not type the comma in the thousand separator. for example, if your answer is a profit of $5,432,100, then enter: 5432100. if your answer is a loss of $1,234,567, then enter: -1234567.
