Please help me on the following questions please.

Suppose a firm is able to sell their product for a price of $5. You have the following information on the firm's output and cost. Output 700 Implicit Costs $80 Explicit Costs $300 Instructions: For both questions, enter amounts as a whole number. If the firm is earning a loss indicate with a negative sign (-). Question 1: What is the firm's accounting profit? $ Question 2: What is the firm's economic profit? $Suppose you have the following information on a rm: | Marginal Revenue 35G- | Marginal Cost mill Assume it is their goal to maximize prot. '3' Decrease output to maximize prot. '3' Not enough iniformation to determine. '3' They are producing the prot maximizing level of output '3' Increase output to maximize prot