Joshua owns a small tech start-up that does data analysis for school districts around the country. Which of the following would be included in calculating of his business’s accounting profit? 

a. He hires several analysts, each of whom is paid an annual salary. 

b. He uses his own time to manage the day-to-day operations of the business. 

c. His business operates out of a loft space in a building that Joshua owns. He could lease the building to another firm for $100,000 per year. 

d. Joshua invested $200,000 to start the business. That money could have generated an additional $20,000 over the past year if Joshua had instead invested the $200,000 in the stock market.