Question

you are running a training workshop. there are 26 participants, who each paid an enrollment fee of $560. supplies for the workshop cost you $120 per participant, and overhead costs are $2,500. what will be your net income, before taxes, from this workshop?

a. $5,620
b. $8,940
c. $11,940
d. $13,940
e. $14,560

Explanation:

Step1: Calculate total income from fees

$26\times560 = 14560$

Step2: Calculate total supply cost

$26\times120 = 3120$

Step3: Calculate net income

$14560-3120 - 2500=8940$

Answer:

B. $8,940$