Jerry was working as a veternarian, and he earned an annual income of $137,000.

He had savings of $82,000 in the bank, which was earning 3% interest per year.

Then he decided to quit and start his own landscaping business.

He used his $82,000 savings to purchase a truck and equipment.

The values for his first year with his new business were:

Revenue269,000

Wages for employees104,000

Insurance3200

Depreciation

1900Gasoline and vehicle maintenance5150

Calculate Jerry'saccounting profitfor his first year.