Environmental Cost Report Verde Company reported operating costs of $50,000,000 as of December 31, 20x5, with the following environmental costs: Testing for contamination $ 700,000 Inspecting products 420,000 Treating toxic waste 2,100,000 Obtaining ISO 14001 1,050,000 certification Designing processes 420,000 Cleaning up oil spills 3,675,000 Maintaining pollution 1,250,000 equipment Cleaning up contaminated soil 5,775,000 Required: 1. Prepare an environmental cost report, classifying costs by quality category and expressing each as a percentage of total operating costs. Round percentages to two decimal places, if rounding is required. For example, 5.79% would be entered as "5.79". Verde Company Environmental Cost Report For the Year Ended December 31, 20x5 Environmental Cost Total Environmental Cost Percentage of Operating costs Prevention costs: Obtaining ISO 14001 certification Designing processes Detection costs: Testing for contamination Inspecting products Internal failure costs: Treating toxic waste CD 0 0 0 Maintaining pollution equipment External failure costs: Cleaning up oil spills Cleaning up contaminated soil Total quality costs