Jenna runs a wholesale business. She pays $3 for each widget and resells it for $8. Every month she has to pay $10,000 in rent, 20% of her total profit in taxes, and $2,500 each to four workers. If Jenna sells 5000 widgets one month, how much is her total profit or loss? Let's think step by step and output the final answer after "####".
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First calculate how much Jenna spends on salaries: $2,500 * 4 = $<<2500*4=10000>>10,000
Next find Jenna's total fixed costs by adding the cost of salaries and rent: $10,000 + $10,000 = $<<10000+10000=20000>>20,000
Next calculate how much profit Jenna makes on each widget by subtracting the cost from the sale price: $8 - $3 = $<<8-3=5>>5
Now multiply the profit per widget by the number of widgets sold: $5 * 5000 = $<<5*5000=25000>>25,000
Now subtract Jenna's costs from her sales to find her total profit before taxes: $25,000 - $20,000 = $<<25000-20000=5000>>5,000
Now multiply Jenna's profit by her 20% tax rate to find how much she owe in taxes: $5,000 * .2 = $<<5000*.2=1000>>1,000
Now subtract Jenna's taxes from her profit before taxes to find her total profit: $5,000 - $1,000 = $<<5000-1000=4000>>4,000
#### 4000
Jenna runs a wholesale business. She pays $3 for each widget and resells it for $8. Every month she has to pay $10,000 in rent, 20% of her total profit in taxes, and $2,500 each to four workers. If Jenna sells 5000 widgets one month, how much is her total profit or loss?
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