There is a 0.9987 probability that a randomly selected 32-year-old male lives through the year. A life insurance company charges $173 for insuring that the male will live through the year. If the male does not survive the year, the policy pays out $90,000 as a death benefit. Complete parts (a) through (c) below.

a. From the perspective of the 32-year-old male, what are the monetary values corresponding to the two events of surviving the year and not surviving? The value corresponding to surviving the year is $ 173. The value corresponding to not surviving the year is $ 89827. (Type integers or decimals. Do not round.)

b. If the 32-year-old male purchases the policy, what is his expected value? The expected value is $ . (Round to the nearest cent as needed.)

c. Can the insurance company expect to make a profit from many such policies? Why?