The Widget Factory is considering an expansion of manufacturing capacity at a cost of $1,000,000. The cost for no expansion is $0. There is an...

The Widget Factory is considering an expansion of manufacturing capacity at a cost of $1,000,000.  The cost for no expansion is $0.  There is an estimated 0.4 chance of a Better Economy as opposed to a Worse Economy.  The current facility can produce enough goods for a $2,500,000 profit in a Better Economy and a $600,000 profit in a Worse Economy.  The expanded facility could produce enough goods for a $4,500,000 profit in a Better Economy and a $1,250,000 profit in a Worse Economy.