A young chef is considering opening his own sushi bar. to do so, he would have to quit his current job, which pays $20,000 a year, and take over a building that he owns and currently rents to his brother for $6,000 a year. his expenses at the sushi bar would be $50,000 for food and $2,000 for gas and electricity. the chef's explicit costs are equal to_____.
a. $78,000
b. $66,000
c. $52,000
d. $26,000
e. $72,000