Question

Last year, "Murphy's Muffins" had $100,000, in sales. But Murphy, the owner, had to pay $10,000, in rent, $30,000, for equipment, and $20,000, for baking supplies. What was final profit for Murphy?

Answer 1

$40,000

$10,000 + $30,000 + $20,000 = $60,000

$100,000 - $60,000 = $40,000

Answer 2

Answer:

C) $40,000

Explanation: