Question: D Question 16 2 pts Please note the numbers may change from one question to another. Topgun Records and several movie studios have decided to

D Question 16 2 pts Please note the numbers may
D Question 16 2 pts Please note the numbers may change from one question to another. Topgun Records and several movie studios have decided to sign a revenue-sharing contract for CDs. Each CD costs the studio $2 to produce. The CD will be sold to Topgun for $4. Topgun in turn prices a CD at $20 and forecasts demand to be normally distributed, with a mean of 7,000 and a standard deviation of 2,000. Any unsold CDs are discounted to $1 each, and all sell at this price. Topgun will share 30 percent of the revenue with the studio, keeping the remaining for itself. Suppose Topgun orders 8,600 copies of CDs. The expected lost sales, expected sales and expected leftover inventory are 240, 6760, and 1840, respectively. What is Topgun's expected profit? O 8000 O 71848 O 30792 O 70192 O 62080

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