Final answer:
The change in the town's population each year is 60 residents leaving.
Step-by-step explanation:
The population has decreased by 300 residents over the past 5 years. We can divide the total decrease (300) by the number of years (5) to find the change in the town's population each year. Therefore, the change in the town's population each year is 60 residents left, which corresponds to option b) in the question.