Samantha has been working for a law firm and earning an annual salary of $80,000. She decides to open her own practice. Her annual expenses will include $15,000 for office rent, $3,000 for equipment rental, $1,000 for supplies, $1,200 for utilities, and a $35,000 salary for a secretary/bookkeeper. Samantha will cover her start-up expenses by cashing in a $20,000 certificate of deposit on which she was earning annual interest of $500. a 1. Refer to above Scenario. Samantha's annual explicit costs will equal $55,200. b. $75,200. $80,500 d. $165,700. Answer: c 2. Refer to above Scenario. Samantha's annual explicit costs will equal a $55,200. b. $75,200. $80,500. $165,700. 0. d Answer: 3. 3. Refer to above Scenario. Samantha's annual implicit costs will equal $55,200. b. $75,200 S80,500. d. $165.700. Answer: C