Acompany decides whether and how to induce a manager to out in high effort to increase the chances that the project succeeds. Unfortunately, the manager's effort is unobservable The value of a successful project is $1 million; the probability of success given high effort is 0.5: the probability of success given low effort is 025. The manager's utility is the square root of compensation {measured in millions of dollars}. and his disutllily from exerting high effort is [11. The reservation wage of the manager is $160,000, The company should offer$ if it wants only low effort from the manager. when it induces low managerial effort. the expected prot to the company is $ Hint: write the amount without thousand separators in integer