List the formulas used and show the steps involved in calculations for this question. A data center in a coastal city had an asset value of about 10 million US Dollars. Based on historical data the city is likely to be impacted by hurricane once in 10 years. It is estimated that the hurricane would destroy the 30 percent of the data center. I. What is the value of Single Loss Expectancy? II. What is the value of Annual Loss Expectancy? It was proposed to implement a cloud based minimal Disaster Recovery data center that could bring down the Annualized Loss Expectancy to 100,000 USD. The annual cost of the Cloud Solution is 50,000 USD III. Based on the above can the proposed solution be considered for implementation