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Anson Company is considering disposing of equipment that was originally purchased for $378,000 and has $273,000 of accumulated depreciation. The same equipment would cost $480,000

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Anson Company is considering disposing of equipment that was originally purchased for $378,000 and has $273,000 of accumulated depreciation. The same equipment would cost $480,000 to replace. What is the sunk cost? Select one: a. $378,000 b. $273,000 c. $480,000 d. $105,000

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