Exhibit 1. Carla, a chemist, worked in a chemistry lab and earned $82,700 per year. Carla quit her job in the lab in order to start her own business. To buy the necessary equipment, she withdrew $24,000 from her savings, (which paid 2.85 percent interest per year) and borrowed $50,000 from her bank, whom she pays 8.24 percent interest per year. Last year she paid $63,570 for materials, $12,600 for operating expenses and paid all of the interest on the loan from her bank. She had revenue of $167,500.

For last year, Arthur, the accountant, says Carla’s profit is __________.
For last year, Evelyn the economist, says Carla’s profit is __________