An insurance policy sells for $300. Based on past data, an average of 1 in 100 policyholders will file a $10000claim, an average of 1 in 250 policyholders will file a $25000 claim, and an average of 1...

An insurance policy sells for $300. Based on past data, an average of 1 in 100 policyholders will file a $10000
claim, an average of 1 in 250 policyholders will file a $25000 claim, and an average of 1 in 500 policyholders
will file a $50000 claim. Find the expected value of selling one policy. If the company sells 10000 policies,
what is the expected profit or loss?