Q3 James Collier left his job at a large corporation where he had worked as a senior accountant. He was getting $82000 as yearly salary. He established his own J.C. Accounting firm. J.C. equipment were $30000, salary given to the sec James Collier estimated his entrepreneurial talent was wort for the invested funds was $22000 per year. orkers were $158229 in a year. The interest forgone for the in was $18800 and wages given to $26985 per year to train employees in another firm. Tworth $19850 per year. He was also offered books for which they are paid $6550 each per year. Find students assist him managing his account for J.C. Accounting firm. Should James Collier year. Find accounting prolits and economic profits Explicit costs =