What is the total fee for initial registration and application in the first year?

The correct total fee for initial registration and application in the first year is $300. This figure typically reflects a combination of both the registration fee and any application processing fees that may be applicable. It is essential in understanding New Jersey's regulatory and licensing processes to accurately account for these fees as part of the financial obligations required during the initial stages of registration.

In the context of the other potential choices, $200 would likely represent a figure that omits certain fees that are standard during the initial registration process. A fee of $325 might combine registration and processing costs in a way that does not align with the specific requirements, while $350 could suggest additional fees that are not applicable under this scenario. Therefore, $300 accurately encapsulates the totality of the initial registration and application costs expected during the first year.