Suppose your local Lowe's home improvement store has explicit financial costs of $3 million per year and implicit opportunity costs of $74,000 per year. If the store earned an economic profit of $22,000 last year, the store's accounting profit was:
A)$96,000.
B)-$52,000.
C)$3.022 million.
D)$3.074 million.

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The Answer of Suppose your local Lowe's home improvement store has explicit financial costs of $3 million per year and implicit opportunity costs of $74,000 per year. If the store earned an economic profit of $22,000 last year, the store's accounting profit was:
A)$96,000.
B)-$52,000.
C)$3.022 million.
D)$3.074 million.

Suppose Your Local Lowe's Home Improvement Store Has Explicit Financial