The professor doesn't offer help and I'm not getting any take aways from the book so I'm completely lost. I have no intention of submitting someone else work as my own I just need to know the steps to take to solve the problem.

Oxnard Petro Ltd. is buying hurricane insurance for its off-coast oil drilling platform. During the next five years, the probability of total loss of only the above-water superstructure {$310 million} is .20, the probability of total loss of the facility {$810 million} is .20, and the probability of no loss is .60. Find the expected loss. {Input the amount as a positive value.) Expected Loss 5 |:| rnlllion