The following is cost information for the Creamy Crisp Donut Company.Entrepreneur's potential earnings as a salaried worker = $55,000Annual lease on building = $23,000Annual revenue from operations = $320,000Payments to workers = $130,000Utilities (electricity, water, disposal)costs = $8,000Value of entrepreneur's talent in the next best entrepreneurial activity = $80,000Entrepreneur's forgone interest on personal funds used to finance the business = $6,000Creamy Crisp's accounting profit is

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Creamy Crisp's accounting profit is $159,000. This is calculated by subtracting the total costs of the business from the total revenue. The total costs are $23,000 + $130,000 + $8,000 + $6,000 = $167,000. The total revenue is $320,000. Therefore, the accounting profit is $320,000 - $167,000 = $159,000.

The Following Is Cost Information for the Creamy Crisp Donut