Salem Company had the following data for the year ending December 31,2010: 
What is the net income for the year ending December 31,2010?
Definitions:
Expansion Option
An opportunity in capital budgeting for a company to invest in additional projects or assets based on its initial project's success.
Decision Tree Analysis
A graphical representation of possible solutions to a decision based on different conditions or events, used in risk management and decision making.
Cost Of Capital
The necessary rate of return to consider a capital expenditure project, like the development of a new factory, as viable.
Risk Profile
An evaluation of an individual's or organization's willingness to take risks, as well as their financial ability to manage the impact of those risks.
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