Chris Was the Business Manager for a Real Estate Firm

Multiple Choice

Chris was the business manager for a real estate firm earning an annual salary of $40,000.Then Chris decided to become a consultant.Chris hired an administrative assistant at $15,000 per year and rents office space (utilities included) for $3,000 per month.Chris earned $100,000 in total revenue the first year as a consultant.
Chris's accounting profit is _______ and Chris's economic profit is _______.

A) $100,000;$64,000
B) $64,000;$49,000
C) $49,000;$9,000
D) $9,000;0