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Refer to the scenario below to answer the following question.
Tom borrowed​ $40,000 from his parents to open a donut stand. He agrees to pay his parents a​ 5% yearly return on the money they lent him. His other yearly fixed costs equal​ $10,000. His variable costs equal​ $25,000. He sold​ 40,000 dozen donuts during the year at a price of​ $2.00 per dozen.
​Tom's profit is _______

Answer :

Answer:

Tom's profit is 43,000.

Step-by-step explanation:

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