In the year 2000 Josh Crook, Ossy Rubish and Yammy Punny decided they wanted to start a side business and built a website to "assist" students with their homework. They decided to call it "Cheddie". In the beginning, their plan was to help students on a website in the college setting often act in an unethical manner. Students would buy monthly memberships to their site, and they forecasted an opportunity to get rich! Josh, Oz, and Yammy left their jobs at the IT store where they were earning a total of $46,000 per year as mere employees. They invested $100,000 of their own money (previously earning 5% interest per year in Guaranteed Investment Certificates). In the first year of operation, they made $450,000 in revenue. They were very smug and proud of themselves. The rent on the tiny and dark warehouse where they put their unimpressive employees to work totaled $190,000, the "experts" wages that they hired to answer the student's questions were $248,000 and all other expenses (taxes, supplies, advertising, etc), were $65,000. They felt their internet "talents" and skills were worth $100,000. *Remember to show your work in your answer. Round your answer to the nearest WHOLE dollar. Calculate what the first year profit would be according to: 1) their accountant, Linda Ledger; 2) Yammy's economist wife, Sylvia Smart (she didn't want his last name}; 3) Ethics aside, did they make the right decision in quitting theirjobs to start this business, economically speaking