Question: please can anyone answer this question [MUST SHOW WORK) Sue decides to quit her corporate job that pays $30,000 per year and go into business

please can anyone answer this question
please can anyone answer this question [MUST SHOW WORK) Sue decides to

[MUST SHOW WORK) Sue decides to quit her corporate job that pays $30,000 per year and go into business for herself as a certified accountant. She spent $10,000 on renting office equipment; $3000 on web hosting; $4000 on advertising, and $2,000 on phone and internet per year. At the end of the year, Sue estimated her revenues to be $50,000. Sue's yearly accounting profit is Select one: A. $1000 B. None of the choices are correct C. $50,000 D. $31,000 E. $19,000

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!