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Emily left her $200,000 job at Tesla to open a taco truck. She hired an assistant and paid him $40,000 a year. The cost of

Emily left her $200,000 job at Tesla to open a taco truck. She hired an assistant and paid him $40,000 a year. The cost of the van added up to $10,000 while other costs including ingredients, fuel and other costs to run the business added up to $120,000. Her son worked with her for a year. Usually, his income for a year would be $10,000 but he worked for free. At the end of the year, the revenue from the business added up to $420,000. What is her economic profit/loss? 


Group of answer choices 


$420000 


$40,000 


$170,000 


$250,000

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