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l) The annual accounting statement of revenues and costs for a local ower shop shows the following: Revenues $250,000 Supplies $25,000 Employee Salaries $170,000 If

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l) The annual accounting statement of revenues and costs for a local ower shop shows the following: Revenues $250,000 Supplies $25,000 Employee Salaries $170,000 If the owners of the rm closed its operations, they could rent out the land for $100,000. They would then avoid incurring any of the expenses for employees and supplies. Calculate the shop's accounting prot and its economic prot. Would the owners be better off operating the shop or shutting it down? Explain

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