Okay, thanks.
Part of what we're trying to get to here is the cost of regulations on business. In your testimony, you mentioned some figures for the cost. You say there's a $25,000 cost of compliance.
I'm sorry, this question is for Mr. Moody, from Moodys Gartner. What is the $25,000 cost of compliance figure that you mentioned in your testimony t's that based on? What are the main things? Is it labour to do the reports?