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Business, 12.08.2019 23:30 tward4569

Until recently you worked as an accountant earning $30,000 annually. then you inherited a piece of commercial real estate bringing in $12,000 rent annually. you decided to leave your job and operate a video rental store in the office space you inherited. at the end of the first year, your books showed total revenues of $60,000 and total costs of $30,000 for video purchases, utilities, taxes, and supplies. what is the total cost of operating the video store?
a. $60,000
b. $42,000
c. $30,000
d. none of the above

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