sebastian decides to open a tree farm. when deciding to open his own business, he turned down two separate job offers of $25,000 and $30,000 and withdrew $20,000 from his savings. sebastian's savings account paid 3 percent interest. he also borrowed $20,000 from his brother, whom he pays 2 percent interest per year. he spent $15,000 to purchase supplies and earned $50,000 in revenue during his first year. what are sebastian's implicit costs from running his own business? $30,600 $55,600 $50,000 $75,600
