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1. Ali quit his job that paid him OMR 30,000 per year to start his own Tutorial center. For this, he takes back his showroom

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1. Ali quit his job that paid him OMR 30,000 per year to start his own Tutorial center. For this, he takes back his showroom which he had given for rent for OMR 8,000. He pays OMR 25,000 as salaries to his employees and his other expenses at the Tutorial center is OMR 5,000. Find Ali's accounting profit, economic profit and normal profit if his Total revenue from the Tutorial center is 120,000

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