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An accounting professor decided to open her own business and earned $ 1 9 0 , 0 0 0 in accounting profit in the first

An accounting professor decided to open her own business and earned $190,000 in accounting profit in the first year. When deciding to open her own business, she withdrew $50,000 from her savings, which earned a 4.38 percent interest. Additionally, she had to quit her job, which paid $140,000 a year, and took over a building that she owns, renting it to her friend for $18,000 a year. That same year, she paid $4.500 in utilities. Determine the economic profit of the accounting professor.

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