From the following list of costs, what is the amount of hidden environmental costs? Equipment purchased to reduce emissions $ 200 000 Monitoring emissions $ 50 000 Estimated fines for breaching environmental regulations $ 500 000 Estimated future costs, e.g. the need to dispose of firm's products which contain hazardous material $ 550 000 $ 130 000 $ 300 000 Purchase of recyclable material On-going clean-up costs Estimate of potential liability-oil spill Purchase of recyclable packaging materials Estimate of lost business-adverse television publicity $ 600 000 $ 25 000 110 000 Select one: O a. $355 000 O b. $350 000 c. $110 000 O d. $550 000