Question: need perfect answer with correct steps Jason purchased an old car for $1000. He spent $5200 rebuilding and auctioning it. A dealer states at auction

need perfect answer with correct steps

Jason purchased an old car for $1000. He spent $5200 rebuilding and auctioning it. A dealer states at auction Jason has a 60% chance of selling the car at $40,000; a 25% chance of selling the car at $45,000; and 15% chance of selling it at $50,000. Determine the profit Jason can expect on the car. Type your numeric answer and submit

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