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