The chart below contains a description of top risks, inherent risk assessment, three risk response alternatives, and residual risk assessment for each response alternative for Jones Hiking Trails.

Risk	Inherent Risk Likelihood	Inherent Risk Impact	Risk Response Alternatives	Residual Risk Likelihood	Residual Risk Impact
Hikers on trials become hurt. Hikers could sue.	18%	$10,023,000	ARequire safety training.	13%	$6,031,000
			BRequire specific hiking gear.	20%	$5,047,000
			CTake no action.	25%	$10,098,000

Calculate the residual risk for alternative A for Jones Hiking Trails.

a.$1,009,400

b.$2,524,500

c.$784,030

d.$1,804,140