To become an influencer, Steve left his job where he made $60,000 per year. Steve purchased...

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To become an influencer, Steve left his job where he made $60,000 per year. Steve purchased a new computer, software and other items for production and it cost him $15,000. Steve is utilizing a detached room he used to rent out for $1,000 per month. Steve incurs utility expenses totaling $1,000 per month. Lastly, he finds miscellaneous expenses totaling $20,000 for the year. If he is producing 5 recordings per week for 50 weeks and generates, on average, $100 in ad income per video, and has $30,000 generated in subscriptions how much is Steve's accounting and economic profit? To become an influencer, Steve left his job where he made $60,000 per year. Steve purchased a new computer, software and other items for production and it cost him $15,000. Steve is utilizing a detached room he used to rent out for $1,000 per month. Steve incurs utility expenses totaling $1,000 per month. Lastly, he finds miscellaneous expenses totaling $20,000 for the year. If he is producing 5 recordings per week for 50 weeks and generates, on average, $100 in ad income per video, and has $30,000 generated in subscriptions how much is Steve's accounting and economic profit?

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