What does your balance sheet look like at the end of the year, assuming all profits are distributed to owners?

Please help me with c. Thanks!

You are currently a worker earning $60,000 per year but are considering becoming an entrepreneur. You will not switch unless you earn an accounting profit that is on average at least as great as your current salary. You look into opening a small grocery store. Suppose that the store has annual costs of $150,000 for labor, $50,000 for rent, and $30,000 for equipment. There is a one-half probability that revenues will be $210,000 and a one-half probability that revenues will be $400,000.   Instructions: Enter your answers as a whole number. If you are entering any negative numbers be sure to include a negative sign (−) in front of those numbers. Enter a loss as a negative number.   a. In the low-revenue situation, what will your accounting profit or loss be?      $      What will your accounting profit or loss be in the high-revenue situation?      $  b. On average, how much do you expect your revenue to be?        $        Your accounting profit?      $      Your economic profit?      $…

Jefferson owns a new music label. They sign artists and help them record and distribute their music. It cost them $400 for marketing, music production and engineering for every 200 CDs they make. They sell CDs for $5 each to the artist (for them to sell at their gigs). Each year they have $5,000 of recurring expenses. In this scenario, match the appropriate variable in the break-even equation on the left to the correct value on the right. (note: you may need to do some math to arrive at the correct #) Price Fixed cost variable cost. ..  .