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Samantha has been working for a law firm and earning an annual salary of $80,000. She decides to open her own practice. Her annual expenses

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Samantha has been working for a law firm and earning an annual salary of $80,000. She decides to open her own practice. Her annual expenses will include $15,000 for office rent, $3,000 for equipment rental, $1,000 for supplies, $1,200 for utilities, and a $35,000 salary for a secretary/bookkeeper. Samantha will cover her start-up expenses by cashing in a $20,000 certificate of deposit on which she was earning annualinterest of $500.| 4. Samantha's annual economic costs will equal a. $55,200. b. $75,200. C. $80,500. d. $135,700 Answer: 5.According to Samantha's accountant, which of the following revenue totals will yield her business $50,000 in accounting profits? a. $55,200. b. $105,200. c. $132,500 d. $185,700. Answer: 6.According to an economist, which of the following total revenue will yield Samantha's business $50,000 in economic profits? a. $55,200. b. $105,200. c. $132,500. d. $185,700

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