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Suppose a dentist is organized as a sole proprietorship. Last year, the dentist's total revenue was $320,000 and total costs were $250,000. The dentist left

Suppose a dentist is organized as a sole proprietorship. Last year, the dentist's total revenue was $320,000 and total costs were $250,000. The dentist left a job paying $112,00 a year to start the business. Based on the information in the previous scenario, how much accounting profit did the dentist make last year?

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