Wynn Corporation is considering developing a new product to replace a current one. If they elect to stick with the current product they can anticipate a profit of $$1,200,000.$ It will cost $$200,000$ to attempt to develop the new product. If the development is highly successful $(25\%$ chance$)$ they will introduce the new product to the market with an anticipated profit of $$1,800,000($not counting the development cost$).$ If the development is not successful $(30\%$ chance$)$ Wynn would return to the current product. A third outcome is that the development could be moderately successful $($with probability equal to $1-$ the other two probabilities$).$ This would result i