Sam Quit His Job as an Accountant with We Keep

Sam quit his job as an accountant with We Keep Books Accurately to open his own accounting firm.He earned $40,000 with the accounting firm We Keep Books Accurately.During the current year Sam had revenues of $150,000 and total expenses of $110,000.Sam earned an

A) accounting profit of $40,000.
B) accounting profit of $40,000 and an entrepreneurial profit of $40,000.
C) entrepreneurial profit of $40,000,but had an accounting loss
D) entrepreneurial profit of $40,000.
E) Both A and D above are correct