(Answered) 1 janice decides to quit her 20000 a year job and open a

Engineering

1. Janice decides to quit her $20,000 a year job and open a small store selling high fashion clothes. To start her store, she takes $100,000 out of her savings account. She had inherited this money from her parents. During the first year, her expenses are as follows:

Rent for the Store $15,000

Four Hired Workers $80,000

Clothes $100,000

Accounting Firm $3,000

Electricity $2,000

Insurance $5,000

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