Determine the expected net operating income (NOI) from sales of micro turbine components. The probabilities are 20%,

Question:

Determine the expected net operating income (NOI) from sales of micro turbine components. The probabilities are 20%, 50%, and 30% for revenues of $800,000, $1,000,000, and $1,100,000 per year, respectively, and operating expenses are constant at $200,000 per year.