I own a factory which I could lease for $100,000 per year. Instead I use it for my own business making PlayDo figures. I earn $200,000 per year selling my PlayDo figures ... the PlayDo costs me $1,000 per year. If I were not making PlayDo figures I would be working as a bouncer at the Foothill Cafeteria making $99,000 per year ( ... it's a tough crowd). Considering only these expenses ... My accounting profits as a PlayDo artist are:I own a factory which I could lease for $100,000 per year. Instead I use it for my own business making PlayDo figures. I earn $200,000 per year selling my PlayDo figures ... the PlayDo costs me $1,000 per year. If I were not making PlayDo figures I would be working as a bouncer at the Foothill Cafeteria making $99,000 per year ( ... it's a tough crowd). Considering only these expenses ... My accounting profits as a PlayDo artist are:A. $99,000B. $100,000C. $199,000D. $0
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