2) Please see attached.

Elroy Rocket is entering his senior 1year as an accounting major and has a number of options for his summer break. His options for the 3 month break follow: {1} Work full time at a local accounting firm making $3,950 per month. {2} Take a summer class which will cost $300 and work half time making $1.100 per month. {3} Take a class at a cost of $800 and not work at all during the summer. Elroy's incremental profit or loss if he chooses option 2 over option 1 would be Round to two decimal places