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imagine that you own all the shares in a small manufacturing company. In January 2000 the company purchases a machine for $100,000. The company sells
imagine that you own all the shares in a small manufacturing company. In January 2000 the company purchases a machine for $100,000. The company sells the machine today for $180,000. In the intervening period the prices of goods and services consumed by the company has increased by 10%, while the prices of goods and services consumed by you as an individual have increased by 20%. What "profit " or Income has been earned by:
a) the company
b)shareholder
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