QUESTION 12 Scenario 1 As part of an estate settlement Mary received $1 million. She decided to use the money to purchases mal business in Anywhere, Canada. If Mary would have invested the $1 million in a risk - free bond fund, she could have made $100,000 each year. She also quitted her job with Lucky.Com Inc. to devote all her time to her now business and she does not pay herself; her salary at Lucky.Com Inc. was $75,000 per year. Refer to Scenario 1. At the end of the first year of operating her new business, Mary's accountant reported an accounting profit of $150,000. What was Mary's economic profit? O $25,000 loss $50,000 loss $25,000 profit $150,000 profit