9.2. Last year, the accounting ledger for an owner of a small drug store showed the following information about her annual receipts and expenditures (she lives in a taxfree country, so don’t worry about taxes):

Revenues $1,000,000 Wages paid to hired labor $ 300,000

(other than herself )

Utilities (fuel, telephone, water) $ 20,000 Purchases of drugs and other supplies $ 500,000 for the store Wages paid to herself $ 100,000