Can I please have some help on this question? There is no information beyond what is in the attached image.

Priscilla hires Arnie to manage her store. Arnie's effort is given in the left column of the table. Each cell shows the net profit to the Priscilla (ignoring Arnie's cost of effort). Low Demand High Demand Low Effort 40 80 Medium Effort 80 160 High Effort 160 200 Arnie's personal cost of effort is 0 at low effort, 20 at medium effort, and 60 at high effort. It is equally likely that demand will be low or high. Arnie and Priscilla are risk-neutral. They consider two possible contracts: (1) fixed fee: Arnie receives a fixed wage of 20; and (2) profit sharing: Arnie receives 50% of the firm's net income but no wage. What happens if they use the fixed fee contract? With the fixed fee contract, Arnie will put forth effort. What happens if they use the profit-sharing contract? With the profit-sharing contract, Arnie will put forth effort. Which contract does each prefer? Arnie and Priscilla