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Delaney Company is considering replacing equipment which originally cost $517,000 and which has $361,900 accumulated depreciation to date. A new machine will cost $885,000. What
Delaney Company is considering replacing equipment which originally cost $517,000 and which has $361,900 accumulated depreciation to date. A new machine will cost $885,000. What is the sunk cost in this situation?
a.$155,100
b.$729,900
c.$124,080
d.$517,000
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