Answer:
Option C. 5,750
Step-by-step explanation:
Step 1: Determine the Total revenue
The total revenue can be determined using the formula below;
R=S+I
where;
R=total revenue
S=sales revenue
I=interest revenue
In or case;
R=unknown
S=30,000
I=2,000
replacing;
R=(30,000+2,000)=$32,000
Total revenue=$32,000
Step 2: Determine total expenses
The total expenses can be determined using the expression;
E=F+M+A+R+S+O
where;
E=total expenses
F=furniture and equipment expenses
M=maintenance and repair
A=advertising
R=rent
S=salaries and wages
O=others
In our case;
E=unknown
F=15,000
M=200
A=300
R=1,000
S=9,000
O=750
Replacing;
E=(15,000+200+300+1,000+9,000+750)=$26,250
Step 3: Determine the net profit
The net profit can be expressed as;
P=R-E
where;
P=net profit
R=total revenue
E=total expenses
In our case;
P=unknown
R=$32,000
E=$26,250
replacing;
P=32,000-26,250=$5,750
Net profit=$5,750