Suppose that a business incurred implicit costs of $300000 andexplicit costs of

Suppose that a business incurred implicit costs of $300000 andexplicit costs of $1300000 over the past year. If the firm earned$1400000 in revenue its:A)accounting profits were $400000 and its economic profits were$100000B)accounting losses were $200000 and its economic profits were$100000C)accounting profits were $100000 and its economic profits werezeroD)accounting profits were $100000 and its economic losses were$200000