answer all please

1. Suppose that Bob's wealth is $30,000. That wealth gives him a utility level of U1 = 200 and allows him to buy some basic necessities of life. Suppose his wealth increases to $60,000 with a utility level of U2 = 360. With wealth of $60,000, Bob understands that if he becomes ill, which may occur with probability 0.10, his expenses will cause her wealth to decline to $30,000. a. Calculate his expected wealth. b. Calculate his expected utility. C. Estimate the maximum amount that Bob would be willing to pay for the insurance. d. Draw the graph