You belong to a group of local entrepreneurs that owns a 10-acre blueberry farm. You could farm the land yourselves, or rent it out for $7,000 per year. Another option is to sell the land this year at its market price of $80,000. The price of the land next year will be $78,000. If you sell it, your group has an investment opportunity from which you expect to make a return of 6 percent per year.
What’s the total return from renting the land (i..e., the rental payment minus the economic depreciation) is __________?

a) $7,000. b) $5,000. c) $3,000. d) $1,000.