R-a-P is run by an owner, who can earn £40 000 a year by managing another firm. She has also…

R-a-P is run by an owner, who can earn £40 000 a year by managing another firm. She has also invested £200 000 in R-a-P that could be earning 12 per cent interest elsewhere. What are the economic profits of R-a-P? (Use the data given in the table below and calculate economic profit based on pre-tax profit.)