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i want to ensure whether my answer is correct. 7.2 7.2 a) A Chinese-owned ice-cream parlour located in the U.S. has the following accounting record

i want to ensure whether my answer is correct.

7.2

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7.2 a) A Chinese-owned ice-cream parlour located in the U.S. has the following accounting record related to its business during 2019: Total sales revenue $2,500 Total costs include the following items: Wages paid to U.S. workers $500 Wages paid to Chinese workers $300 Interest paid to a U.S. bank $100 Rent paid to a U.S. landlord $600 Costs on raw materials imported from Australia $600 Total costs $2,100 (i) What was the value of U.S. GDP contributed by this rm using the expenditure approach? Which component(s) of the expenditure approach was involved? (ii) What was the value of U.S. GDP contributed by this rm using the income approach? Which component(s) of the income approach was involved? (iii) What was the value of U.S. GDP contributed by this firm using the output approach

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