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Why didn't we calculate yoga equipment in the calculation? Sarah is a real estate agent who earned $100,000 in 2011. At the beginning of 2012,

Why didn't we calculate yoga equipment in the calculation?

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Sarah is a real estate agent who earned $100,000 in 2011. At the beginning of 2012, Sarah wanted to pursue a new career so she quit her job and became a yoga instructor. In her rst year, she made total revenue of $55,000. The information on the right gives details of Sarah's first year in the yoga business. What is Sarah's economic profit? Sarah's economic profit is $ - 51100. THIS IS THE ANSWER -51100 >>> If Sarah incurs an economic loss, indicate that loss with a minus sign. Do not use a plus sign to indicate an economic profit. Question Facts 1. Sarah purchased yoga equipment for$2,500. 2. She withdrew $5,000 from her savings account that paid 2 percent a year. 3. Economic depreciation during the year was $1,000. 4. Normal prot is $5,000

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