Suppose That a Business Had Implicit Costs of $500 000

Suppose that a business had implicit costs of $500 000 and had explicit costs of $5 million in a specific year.If in that year the firm sold 100 000 units of its output at $50 per unit,its accounting:

A) profits were $100 000 and economic profits were zero
B) losses were $500 000 and its economic losses were zero
C) profits were $500 000 and its economic profits were $1 million
D) profits were zero and its economic profits were $500 000
E) profits were zero and its economic losses were $500 000