Question 2 (3 points) Suppose a local hardware store has explicit costs of $2 million per year and implicit costs of $400,000 per year. If the store earned an economic profit of $100,000 last year, this means that the store's accounting profit equaled: .;:::;. $300,000 .;:::;. $2,100,000 () $2,400,000 .;:::;. $500,000