59.66

If the old equipment is replaced now, it can be sold for $54000. Both the old equipment's remaining useful life and the new equlpment's usefullife is 5 years. Both assets have a $0 end-of-life salvage value. Which of the following amounts is irrelevant to the replacement decision? $389000$54000$120000$240000 An opportunity cost is the cost of a new product proposal. should be initially recorded as an asset. lost potential benefit that could have been obtained by following an alternative course of action. is classified as manufacturing overhead