An annual income statement from Quest Realty, Inc. is shown below:During this year of operation, Quest Realty owned and occupied an office building in downtown Indianapolis. For this year, the building could have been leased to other businesses for $2,000,000 in lease income. Quest Realty also owned undeveloped land valued at $15,000,000.  Owners of Quest Realty can earn a 14% rate of return annually on funds invested elsewhere.Economic profit is

A. $41,000,000
B. $19,000,000
C. $21,800,000
D. $38,200,000


Answer: B

Economics

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Economics