Econ2610 is small island nation. Its population total is 400, and it has 100 wage earners who earn an average of $50 per year. Eash wage earner spends a total of $40 per year buying goods and services of which $3.00 goes to buying imported goods. The island exports a total of $800 worth of goods. The government tax rate is 10% and all government money is spent on building infrastructure and supporting schools. There is only one industry (uranium mining) on the island and its employs every wage earner. The industry spends $k600 each year on new mining equipment. What is the GDP?