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Mary runs a small coffee shop. She pays 1500$ per month for rent. For the month of March she sold 12,500$ worth of cottee to

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Mary runs a small coffee shop. She pays 1500$ per month for rent. For the month of March she sold 12,500$ worth of cottee to her customers. For the same month, she bought coffee beans worth 4000s. She spent another 1300$ on sugar, cups, creamer and other materials. She has two employees whom she pays 850$ each a month Her son (John) also helped four Saturdays in a row for a total of 16 hours John works part time as a junior bookkeeper in a firm where he makes 25 an hour. Ho reduced his working hours on Saturdays at the firm so he could help his mother in her coffee shop. Compute the accounting and economic profits of Mary's coffee shop for the month of March (4 marks] Paragraph B 7 PETE

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