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Current Attempt in Progress John's Florist is considering the purchase of a new delivery van since its old van has required numerous repairs. Last year,
Current Attempt in Progress John's Florist is considering the purchase of a new delivery van since its old van has required numerous repairs. Last year, the old van required an engine overhaul with a cost of $3600. This year, it is anticipated that the old van will require additional repairs with an estimated cost of $1800. John can purchase a new van for $25200 or the business can lease a new van with a down-payment of $2500 and monthly lease payments of $230. Which of the cost presented in this decision would be considered a sunk cost? O New van purchase of $25200 O Engine overhaul of $3600 last year Lease down-payment of $2500 O Anticipated repairs for old van of $1800
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