Please state what exactly the answer is in the format given and how you get it, thanks. Also, pls consider the answer on the question if it helps, the cross means wrong, tick means correct.

Problem 13-17 (Algorithmic) Hemmingway, Inc., is considering a $6 million research and development (R&D) project. Profit projections appear promising, but Hemmingway's president is concerned because the probability that the R&D project will be successful is only 0.60. Furthermore, the president knows that even if the project is successful, it will require that the company build a new production facility at a cost of $20 million in order to manufacture the product. If the facility is built, uncertainty remains about the demand and thus uncertainty about the profit that will be realized. Another option is that if the R&D project is successful, the company could sell the rights to the product for an estimated $27 million. Under this option, the company would not build the $20 million production facility. FIGURE 13.18 DECISION TREE FOR HEMMINGWAY, INC Profit (S millions) High Demand 34 0.5 Building Facility ($20 million) Medium Demand 19 0.3 Low Demand Successful 0.2 06 Start R&D Project ($6million Sell Rights 21 Not Successful 04 Do Not Start the R&D Project 0