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Jennifer owns a crafts shop, and in 2017, she decides she needs an economic profit of $300,000 in order to open a new shop in 2011. Consider the following information about her shop in 2018:She spent $10,000 on new equipment to make pottery.She spent $30,000 in wages.She took out a $10,000 loan at 3% interest.She made $200,000 in total revenue.She spent $15,000 paying bills.Can Jennifer open a new shop in 2018?
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