Kanesha is an entrepreneur and has recently opened her first coffee shop, The Coffee Cat. She pays $5,000 rent each month, $4,800 for monthly employee payroll, and $1,200 for supplies each month. She was planning on selling several of her own tables and chairs on Craigslist for $1,500, but instead she brought them to The Coffee Cat. Additionally, she quit working as an accountant where she was earning $52,000 per year to open up the shop. If the shop earns $180,000 in revenue this year, calculateannual:

Instructions:Enter your responses as a whole number. If you are entering any negative numbers be sure to include a negative sign (-) in front of those numbers.Hint:Be sure to calculate explicit costsas annual costs.

a. Accounting profit.

$

b. Economic profit.

$