Suppose Turtles For Life Company produces 100,000 wooden turtles per year and sells them all for $5 each. Raw materials cost $30,000/year; wages are $30,000; equipment and instruments cost $30,000; and utilities costs are $30,000. The building is owned by the firm and the competitive firm could rent it for $50,000/year. This year the competitor also offered a managerial position ($50,000 salary/year) to the owner of the firm, but the offer was declined. Calculate the explicit costs (do not write $, do not separate the digits by coma)