your question answer is 12360
$15,000+$6,500+$23,000+$20,500+$5,000=$70,000
$70,000+$40,000=$110,000
$110,000-$82,000=-$28,000
economic profit is -$28,000
$82,000-$70,000=$12,000
accounting profit is $12,000
Account 1 : y = 2500(1.078)x
account 2 : y = 2500 + 300x
after the second year a1 exceeds a2
after 2 years, a1 = 5390
after 2 years , a2 = 3100
The answer for this is hundredth because it is .01 (two values behind decimal means hundredths)