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Armstrong Corporation manufactures bicycle parts. The company currently has a 19,500 inventory of parts that have become obsolete due to changes in design specifications. The

Armstrong Corporation manufactures bicycle parts. The company currently has a 19,500 inventory of parts that have become obsolete due to changes in design specifications. The parts could be sold for 7,000, or modified for 10,000 and sold for 20,300.

How much is the total SUNK COST?

Group of answer choices

29,500

19,500

26,500

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