Until recently Elijah worked as an economist, earning $40,000 annually. Then he inherited a piece of commercial real estate that had been renting for $35,000 annually. Elijah decided to leave his job and operate a brewpub in the real estate he now owns. At the end of the first year, his records showed total revenues of $365,000 and total payments of $230,000 for employees, utilities, and other supplies. His economic profit at the end of one year is: