An IRS inspector is to select 3 corporations from a list of 16 for tax purposes. Of the 16 corporations, 7 earned profits and 9 incurred losses during the year for which the tax returns are to be audited. If the IRS inspector decides to select three corporations randomly, find the probability that the number of corporations in these 3 that incurred losses during the year in which the tax returns are to be audited is Exactly 1