Using the data below compute GDP expenditure approach and income approach for this economy. Use the GDP expenditure formula. Then set up the income approach.

Table 1.

Corporate profits 1,200

Gross private domestic investment 2,000

Nondurable goods 3,000

Exports 1,200

Proprietors income 900

Taxes, imports and adjustments 800

Services 4,000

Net interest 500

Compensation of employees 7,000

Change of inventories 80

Imports 1,800

Rental income 150

Government spending 2,000

Durable goods 1,000

Capital consumption allowance 1,500

Total taxes 100