This is in Statistics and Probability. Provide clean and clear clean and neat solutions. Minimize erasures and provide a clear picture of the solutions thank you and Godbless.

2. An insurance company insures used cars valued at $5000 under these conditions: A) $5000 will be paid to the owner for total loss; B) for damage between $2500 and $4999, $3000 will be paid; C) for damage between $1000 and 2499, $800 will be paid; and D) for damage less than $1000, $200 will be paid. For the past years, the company knows that in any year the probabilities of A, B, C , and D are 0.03, 0.12, 0.35. and 0.50 respectively. If the company charges $1000 for the policy, what is the net gain per policy