ABC Company is hiring a new employee for a position that pays an annual salary of $50,000. The recruitment process involves advertising expenses of $2,000, interviewing costs of $1,500, and assessment tests amounting to $800. Additionally, the onboarding process and training for the new hire cost $3,000. If, on average, it takes the company 45 days to fill this position, and during this period, the team's productivity decreases by 20%, valued at $5,000. What is the total cost incurred by ABC Company for hiring this new employee? A) $63,800 B) $57,300 C) $56,300 D) $60,800