One day, Barry the Barber, Inc., collects $500 for haircuts. Over this day, his equipment depreciates in value by $80. O

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One Day Barry The Barber Inc Collects 500 For Haircuts Over This Day His Equipment Depreciates In Value By 80 O 1 (34.36 KiB) Viewed 40 times

One day, Barry the Barber, Inc., collects $500 for haircuts. Over this day, his equipment depreciates in value by $80. Of the remaining $420, Barry sends $50 to the government in sales taxes, takes home $250 in wages, and retains $120 in his business to add new equipment in the future. From the $250 that Barry takes home, he pays $90 in income taxes. Based on this information, complete the following table by computing Barry's contribution to the measures of income listed. Barry's Contribution (Dollars) Measure of Income Gross Domestic Product Net National Product National Income Personal Income Disposable Personal Income