Let last year's profit = L. Then this year = 2L + 5,000.<br><br>
[[model:questions/solutions/q6987.png]]<br><br>
Total: L + (2L + 5,000) = 45,000<br>
&bull; 3L + 5,000 = 45,000<br>
&bull; 3L = 40,000<br>
&bull; L = 13,333.333...<br><br>
This year = 45,000 − 13,333.333... = 31,666.67<br>
Check: 2(13,333.33) + 5,000 = 26,666.67 + 5,000 = 31,666.67. ✓<br><br>
Final Answer: $31,666.67