(Solved): A company which manufactures and sells T-shirts for sporting events, is provi ...

???????

A company which manufactures and sells T-shirts for sporting events, is providing shirts for an upcoming toumament. Each shirt will cost \( \$ 8 \) to produce and will be sold for \( \$ 14 \). Any unsold shirts at the end of the tournament can be sold for \( \$ 4 \) apiece in the near future. The company assumes the demand for the shirts will be \( 2,500,5,000,7,500 \), or 10,000 . The company also estimates that the probabilities of each of these sales levels occurring will be \( 20 \%, 20 \%, 25 \% \), and \( 35 \% \), respectively. Determine the expected monetary value of the project if the company chooses to print 5,000 shirts for the toumament.