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Before Kelly opened up her boutique, she worked as a hair stylist in a salon and earned a $33,000 annual salary. Now in her fifth

Before Kelly opened up her boutique, she worked as a hair stylist in a salon and earned a $33,000 annual salary.

Now in her fifth year of operating the boutique, it was easy to see that she made the right decisions both financially and personally. Below is a list of Kelly's financial facts for her shop's second year.

$145,000 = Total Revenue

$20,000 = Rental Fees

$8,000 = Utilities

$30,000 = Salary for Assistant Manager

$50,000 = Merchandise

What is her economic profit for her shop's second year?

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