Harvey quit his job 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 earned 10 percent interest annually to buy a software company, Extreme 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. The total economic costs (explicit and implicit including a normal profit) in the first year were: OL. $60.000. O II, $665,000. III. 5825.000. O IV.$150,000