Chantal Has a Full-Time Job as a Geological Engineer and Earns

Multiple Choice

Chantal has a full-time job as a geological engineer and earns an annual after-tax salary of $85 000.She decides to leave her job for 6 months to scuba dive on the Great Barrier Reef in Australia,and incurs costs of $7500 for course equipment and certification,$2500 for airfare,and $12 000 for regular living expenses in Australia (equal to her living expenses at home) .What is Chantal's opportunity cost for this 6-month,unpaid leave of absence?

A) $12 000
B) $22 000
C) $42 000
D) $52 500
E) $65 000