From the following list of costs, calculate the amount of hidden environmental costs.

Equipment purchased to reduce emissions$200,000Monitoring emissions$50,000Fines for breaching environmental regulations$500,000Estimated future costs-disposing of firm's products which contain hazardous material$550,000Purchase of recyclable material$130,000Clean-up costs$300,000Estimate of potential liability-oil spill$600,000Purchase of recyclable packaging materials$25,000Estimate of lost business-adverse TV publicity$110,000

a.$350,000

b.$355,000

c.$110,000

d.$1,100,000

e.$550,000