Fromthe following list of costs, calculate the amount of Hidden environmental costs.

Equipment purchased to reduce emissions	$ 200 000
Monitoring emissions	$ 50 000
Estimated future costs-the need to dispose of firm's products which contain hazardous material	$ 550 000
Estimated fines for breaching environmental regulations	$ 500 000
Purchase of recyclable material	$ 130 000
On-going clean-up costs	$ 300 000
Estimate of potential liability-oil spill	$ 600 000
Purchase of recyclable packaging materials	$ 25 000
Estimate of lost business-adverse television publicity	$ 110 000

a.

$350000

b.

$550000

c.

$110000

d.

$355000