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A firm had to pay $15,000 one year ago to a landlord to open a business in a retail space.The $15,000 is non-refundable.Each month the

A firm had to pay $15,000 one year ago to a landlord to open a business in a retail space.The $15,000 is non-refundable.Each month the firm must pay rent, insurance, and salary expenses of $60,000, an amount that does not change.Last month the firm's total costs were $100,000.Which of the following statements is correct?

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The firm's total fixed cost is $60,000, its total variable cost is $40,000, and its sunk cost is $115,000.

The firm's total fixed cost is $40,000, its total variable cost is $60,000, and its sunk cost is $100,000.

The firm's total fixed cost is $15,000, its total variable cost is $40,000, and its sunk cost is $100,000.

The firm's total fixed cost is $15,000, its total variable cost is $60,000, and its sunk cost is $40,000.

The firm's total fixed cost is $60,000, its total variable cost is $40,000, and its sunk cost is $15,000.

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