Use the following scenario to answer the next four questions.

Omar owns a golf driving range called Round the Sound in Seattle, Washington. During the first

year of operation, Round the Sound incurred many costs. In that year, Omar spent $$25,000$ on

labor, $$22,000$ on maintenance, and $$10,000$ on electricity. Omar took out a loan to open his

business; he would have earned $$2,500$ if his money had been invested elsewhere. His previous job,

which he could get back at any time, paid him $$70,000.$

If Round the Sound received $$80,000$ in revenues, what were the accounting profits?

$$35,000$

$$12,500$

$-$$$72,500$

$-$$$49,500$