Hi, in my Economics class, we are currently doing accounting and economic profiles. While working on practice questions, I came across this question, and I am having trouble filling in the table. I have given it some tries; however, my answers are not the same as those in the back. Could someone help explain this and go step by step on how to answer? All information needed is in the pictures.

Q: What is the accounting and economic profit for the following website design company? Complete the P&L below. Revenue Information Price $ 4,000 ave/site Quantity 16 Annual Cost Information Equipment of $16,000 will last 4 years Rent $ 1,200 monthly Web $ 150 monthly Hosting Phone $ 100 monthly Advertising $ 75 weekly Insurance $ 1,800 Annual Other Left job earning $ 35,000 salary to start business $ 16,000 used to purchase equipment taken from mutual fund earning 5% interest 1 A * B I IE Complete the P&L below by filling in the blue sections Web Design Company - Profit and Loss StatementLeft job earning $ 35,000 salary to start business $ 16,000 used to purchase equipment taken from mutual fund earning 5% interest A * B I IE O Complete the P&L below by filling in the blue sections Web Design Company - Profit and Loss Statement Revenue Explicit Costs list list list list1 A * B HIT E O -+ Explicit Costs list list list list list + - list Total Costs (Explicit) Accounting Profit (Loss) GA . B E E & Total Costs (Explicit) `Accounting Profit (Loss) Implicit Costs list list Total Costs (Implicit) Total Costs GA . B I IE & Accoonong Trout (Loss] Implicit Costs list list + - Total Costs (Implicit) Total Costs Economic Profit (Loss) G