Question content area top Part 1 An insurance policy sells for ​$1200. Based on past​ data, an average of 1 in 125 policyholders will file a ​$10 comma 000 ​claim, an average of 1 in 200 policyholders will file a ​$50 comma 000 ​claim, and an average of 1 in 500 policyholders will file an ​$80 comma 000 claim. Find the expected value​ (to the​ company) per policy sold. If the company sells 20 comma 000 ​policies, what is the expected profit or​ loss?