1 of 3 points Question 2 Last year, Ken earnd $25,000 selling real estate, but he now sells greeting cards. The return to entrepreneurship in the greeting cards industry is $20,000 a year. During this year, Ken bought $13,000 of greeting cards from manufacturers and sold them for $58,000. Ken rents a shop for $8,000 a year and spends $1,500 on utilities and office expenses. Ken owns a cash register, which he bought for $1,800 with funds from his savings account. The bank pays 3 percent a year on savings accounts, At the end of the year, Ken was offered $1,600 for his cash register. 2 tries left Ken has explicit costs of 22500 0 dollars. Nice work! Ken's explicit costs are costs paid with money. Ken's explicit costs include the costs of cards, rent, and utilities, which is $13,000 + $8,000 + $1,500 = $22,500.Nice work! Ken's explicit costs are costs paid with money. Ken's explicit costs include the costs of cards, rent, and utilities, which is $13,000 + $8,000 + $1,500 = $22,500. 3 tries left Ken has implicit costs of Type dollars. Submit 1 part remaining