9. Larry has to select one graduate school out of the three that he got accepted to. Larry was not offered for any financial aid from Elite U, which charges $50,000 annually. Larry places a $60,000 annual value on attending Elite U. Larry was awarded an annual $10,000 scholarship by State College, which charges $30,000 per year. Larry considers State College to be worth $40,000 a year. NoName U costs $20,000 per year, and offered Larry a full $20,000 annual scholarship. Larry values attending NoName at $15,000 per year. What is Larry's opportunity cost of attending State College? (10%)