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The following table shows the results of the operations of a laptop producer in 2020. Price per Unit of the Product $800.00 Quantities Sold10,000.00 Cost
The following table shows the results of the operations of a laptop producer in 2020.
Price per Unit of the Product $800.00
Quantities Sold10,000.00
Cost of Materials and Components Purchased$3,600,000.00
Wages Paid to Workers$450,000.00Interest Paid to the Bank$45,000.00
Rent Paid to the Property Owner$40,000.00
How much factor income was generated in 2020 as a result of this firm's economic activities?
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