Sally quit her job as an auto mechanic earning $50,000 per years to start her ow

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Sally quit her job as an auto mechanic earning $50,000 per years to start her own business. To save money she operates her business out of a small building she owns which, until she standard her own business, she had rented out for $10,000 per year, she also invested her $20,000 savings (which earned a market interest of 5% per year) in her business. You are given the following information about the first year of her operations. Total %120,000 Cost of labor 40,000 Cost of materials 15,000 Equipment rental 5,000 What are her accounting Costs What are her implicit costs

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