The revenues and costs of a local ice cream shop for 2019 are outlined below. Ice Cream Shop Sales $225,000 Bulk Sales to Restaurants $282,000 Labour Costs $178,000 Materials Costs $202,000 Advertising Costs $17,000 Capital and equipment costs $39,000 Calculate the accounting profits in 2019 If the owner invested $350,000 into the ice cream shop when the venture initially began, and that an equally risky enterprise would eam a 25% rate of return on capital, what is the opportunity cost of the owner's capital investment? Calculate the economic profits in 2019 Based on the economic profits above, the owner of this restaurant should continue to stay in business. True or False