Its managerical economics question. I need clear writing please

Answer only two of the following three questions. (Each question is worth 10 points). A potential entrepreneur is trying to decide whether to open a new health spa. She presently makes $50,000 per year as an aerobics instructor and will have to give up this job if she opens the new health spa. If she chooses to open the spa, it will cost her $200,000 per year in rent and other operating expenses. 1. a. b. c. Compute her accounting costs. Compute her economic costs. How much would she need to make in revenues to earn positive accounting profits? Positive economic profits? Explain