Joe is the owner$-$operator of Joe's Haircuts Unlimited. Last year he earned $$175,000$

in total revenues and paid $$110,000$ to his employees and suppliers. During the

course of the year, he received three offers to work for other barbers, with the

highest offer being $$60,000$ per year. What are Joe's accounting profits?

$$110,000$

$$170,000$

$$65,000$

$$175,000$

$$60,000$