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Coronado Industries is contemplating the replacement of an old machine with a new one. The following information has been gathered: Old Machine New Machine Price

Coronado Industries is contemplating the replacement of an old machine with a new one. The following information has been gathered: Old Machine New Machine Price $430000 $640000 Accumulated Depreciation 98000 -0- Remaining useful life 10 years -0- Useful life -0- 10 years Annual operating costs $240000 $188600 If the old machine is replaced, it can be sold for $25500. Which of the following amounts is a sunk cost? O $240000 O $1886001 O $640000 O $332000

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