Two former Northwestern University students worked in an investment bank at a salary of $60,000 each for 2 years after they graduated. Together they saved $50,000. After 2 years, they decided to quit their jobs and start a business designing Web sites. They used the $50,000 to buy computer equipment, desks, and chairs. For the next 2 years, they took in $40,000 in revenue each year, paid themselves $10,000 annually each, and rented an office for $18,000 per year. Prior to the investment, their $50,000 was in bonds earning interest at a rate of 10 percent. Are they now earning economic profits? Explain your answer.