The following table specifies the expansion expenses for a business: \[ \begin{array}{l}\text { Expansion Expenses } \\ \text { Froduct Growth: } \\ \text { Focus Groups: } 50 \text { people @ } \$ 150 \text { per person } \\ \text { Inventory Expenses: } 30 \% \text { on } \$ 200,000 \text { value } \\ \text { New Equipment: } \$ 200,000 \\ \text { Building Growth: } \\ \text { Architect cost: } \$ 15,000 \\ \text { Attorneys: } \$ 55,000 \\ \text { Bankers: } \$ 110,000\end{array} \] Calculate the product growth costs of expansion. Costs \( =\$[?] \)

To calculate the product growth costs of expansion, we need to analyze each item in that category: 1. **Focus Groups**: With 50 people at $150 per person, the total cost is: \[ 50 \times 150 = 7,500 \] 2. **Inventory Expenses**: This is 30% of $200,000. Therefore, the cost is: \[ 0.30 \times 200,000 = 60,000 \] 3. **New Equipment**: The cost is given as: \[ 200,000 \] Now we sum these costs to find the total product growth expense: \[ 7,500 + 60,000 + 200,000 = 267,500 \] Thus, the product growth costs of expansion are \( \$267,500 \).