The Table Below Provides the Total Revenues and Costs for a Small

Multiple Choice

The table below provides the total revenues and costs for a small landscaping company in a recent year. $\begin{array}{|l|l|}\hline \text { Total Revenues }(\$) & 250,000 \\\hline & \\\hline \text { Total Costs }(\$) & \\\hline \text { - wages and salaries } & 150,000 \\\hline \text { risk- free return of } 2 \% \text { on owner's capital of } \$ 20 & 400 \\000\\\hline \text { interest on bank loan } & 1500 \\\hline \text { cost of supplies } & 27000 \\\hline \text { depreciation of capital equipment } & 8000 \\\hline \text { additional wages the ow ner could have earned } & 30000 \\\text {in next best alternative }\\\hline \text {- risk premium of } 4 \% \text { on owner's capital of } \$ 20&800\\000\\\hline\end{array}$
$\text { TABLE 7- } 2$
-Refer to Table 7- 2. The economic profits for this firm are

A) $31 200.
B) $63 500.
C) $32 700.
D) $33 500.
E) $32 300.