what are the implicit costs of owning the business? what are the explicit costs of owning the business? What are the total economic profits? what are the total account profits? Should you take the opportunity?

You are working as a Assistant Manager at Black Chicken Warehouse. Your salary is $23.78 per hour and you work 41 hours per week. You have always wanted to be your own boss, but could never afford to start up or purchase your own company. Next week you will gain access to your $250000 trust fund which is currently invested at 6%. Last week you were presented with an opportunity to purchase Bright Pokemon Daycare in response to your inquiries. The email stated that the Daycare company is available for $160000. A decision from you is needed by the end of the week. The annual estimates for the first few years including the first of operation supplied by the Bright Pokemon Daycare company are below: SALES 202000 EXPENSES: RENT 19000 COSTS OF GOODS 50500 OTHER SALARIES 67000 TAXES/FEES 25000 UTILITIES 40000