Laura's Pizza Place Incurs $800,000 Per Year in Explicit Costs

Laura's Pizza Place incurs $800,000 per year in explicit costs and $100,000 in implicit costs.The restaurant earns $1.3 million in revenues and has $5 million in net worth.Based on this information,what is economic profit for Laura's Pizza Place?

A) $200,000
B) $400,000
C) $500,000
D) $2.8 million