Assume that a publishing company is considering replacing all of its overhead light fixtures. The new lights use less energy to operate than the existing lights. Two costs that have been discussed by various employees with respect to this decision include

The utility cost $($or energy cost$)$ that would continue to be incurred if the company decides to keep its existing lights.

The utility cost $($or energy cost$)$ that would be incurred to operate the new lights if the company decides to replace its existing lights.

Which of the following choices properly classifies each of these costs as being relevant or irrelevant in the decision to "keep or replace" the lights?

Cost: Utility Cost Associated with Keeping the Existing Lights Cost: Salvage Value of the Existing Lights

Relevant Irrelevant Relevant Irrelevant

A$)$ No Yes No Yes

B$)$ Yes No Yes No

C$)$ Yes No No Yes

D$)$ No Yes Yes No