Polly is the logistics coordinator at MAP Law, where she organizes lawyers$$ travel arrangements for client work. One of the lawyers, Art, is trying a case in Atlanta, $600$ miles from the office. His travel options are to either fly or drive. The hotel arrangements in Atlanta have already been made.

Here are the travel costs Polly has estimated for each option:

A diagram shows the both drive and fly accounts. The left $($debit$)$ side shows labels under drive as follows: Mileage reimbursement $(1,200$ miles total, at $$0\mathrm{.}51$ per mile; Meal reimbursement $(3$ days total, at $$44$ per day. The right $($credit$)$ side shows labels under fly as follows: Flight $($$$300$ round trip$)$; Meal reimbursement $(25$ days on travel status, at $$44$ per day; Parking at airport $($$$80).$

Required

Which option is the least costly$,$ given the information above?

A bit more information has surfaced. Art obviously can$$t work while driving, but he can work while on a plane. Does this potential productivity time affect the cost of these options? If so$,$ how?

In the end, Art decides to drive because he$$s excited about his new car, plus, he thinks the firm owes him for having suffered too many poor flights on previous trips. What is the opportunity cost to the firm for Art$$s decision? Will these opportunity costs show up on the firm$$s financial statements?