Harvey quit his job at State University where he earned $45,000 a year. He figures his entrepreneurial talent or foregone entrepreneurial income to be $5,000 a year. To start the business, he cashed in $100.000 in bonds that eamed 10 percent interest annually to buy a software company, Extrane Gaming. In the first year, the firm sold 11,000 units of software at $75 for each unit. Of the $75 per unit. $55 goes for the costs of production packaging. marketing employee wages and benefits, and rent on a building. Refer to the above information. The cost of capital for Harvey in the first year 15 $10,000 Thares0 cotofocated with Harveys Business North Information $110.000 3100.000