Box Hill College Kuwait Ongoing operations : describe the financial plan for ongoing opera tions of the business for a specific period. Expansion : the cost of operating business Question 3-42 Financial Records and Financial Statements (25 points) Part A (10 points Ayman has a computer repair business for 3 years. The first year, Mir. Ayman barely earned a profit. The next year's pratt was more substantial. As results from the third year and of the second year of REVENUES $15,000 $1.020 SUPPLIES 1. How much money did Mir. Ayman earn from gevenues both years?l3 point) The revenue for the last year is($ 78,250) the revenue for this year is (S80,725) 78,250 + 80,725=158,975. 2. What were his total expenses of doing business each year?(4 points) 158,975 55,860 $ 103,115 (for the last year) 158,975-532,85 . $ 105,690 ( for this year)-- Revenue_ expenses Revenue-expenses = What profit or loss did Mr. Ayman earn this year? What is the dollar amount and percentage difference in the profit or loss from last year?15 points) 3. This year profit or loss $ 105,960