ABC Co. is contemplating the replacement of an old machine with a new one. The following information has been gathered: Old Machine New Machine Price $300,000 $600,000 Accumulated Depreciation Remaining useful life 90,000 -0- 10 years -0- -0- 10 years $240,000 $180,600 Useful life Annual operating costs If the old machine is replaced, it can be sold for $24,000. Which of the following amounts is a sunk cost? (2 Points) $240,000 $180.600 $600.000 $210.000