oshua own a small tech startup that does data analysis for school districts around the country. Classify each of the given expenses based on whether they would be used to calculate his business's accounting profit.

Used to calculate accounting profit

Not used to calculate accounting profit

Answer Bank

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

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

Joshua invested $$200,000$ to start the business. That money could have generated an additional $$10,000$ over the past year if Joshua had instead invested the $$200,000$ in the stock market.

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