Before last year, Elio (Luke's wife) taught music and earned $30,400 She also eamed 59.600 by renting out ther basement as a studio apartment. Elle saves every month. Ai the end of a typical year she would have saved a total of 10% from her wages and the income earned from the basement for the entire year, and earned a total of 0.5% in interest for the entire year from this At the beginning of fast year, Ene stopped teaching music. She also stopped renting out their basement, and began to use it as the office for her new web design business. The balance on her savings account was $150,000, and she took 55.000 from this account to buy a new laptop computer and a new printer (which also functions as a scanner and a facsimile) She also borrowed $12,000 from the local bank to purchase additional machinery and equipment fa graphics tablet, desktop computer, studio camera and an external hard drive). Her loan payment is $250 per month. During last year, she paid $3,000 for the lease of a web server and $2,400 for high speed internet service. She also spent 3,600 purchasing miscellaneous supples for her business At the end of last year. Elle received a total revenue from website designing of $48.250 and camed 5% interest on her savings account balance (for the entire year). After the first year of operation, Lure (who has his own successful business) beleves that Elle made the right decision. However, Ele fools a bit skeptic and believes that she should have remained as a music teacher Before getting into the web design business, she would have saved some of her total earings, but now, with the web design business, she is not adding any money to her saving account. Also, doing a bit of research, she real estat the market value (at the end of lost year for the laptop computer and the printer is 54000 (Question 7 of 8) What is Ele's economic profit from her new web design business last year proport your answer a 2 decimal places)