Homework Answers
| 2020 | 2021 | |
| Revenues | 650,000 | (650,000+85000)=735000 |
| Less:Operating costs | 525000 | (525000+50,000)=575,000 |
| Operating profits | 125,000 | $160,000 |
Hence increase in operating profits=160,000-125,000
=$35,000
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