QUESTION $2$

You are the owner and only employee of a company that sets odds for sporting events. Last year you earned a total revenue of $$100,000.$ Your costs for rents and supplies were $$50,000.$ To start this company you quit a job as a black dealer that paid $$20,000$ a year.

Your accounting profit last year wa:

$$60,000$

$$50,000$

$$30,000$

$$10,000$