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Delaney Company is considering replacing equipment which originally cost $600,000 and which has $420,000 accumulated depreciation to date. A new machine will cost $790,000. What

Delaney Company is considering replacing equipment which originally cost $600,000 and which has $420,000 accumulated depreciation to date.

A new machine will cost $790,000. What is the sunk cost in this situation?

( )$790,000

( )$190,000

( )$180,000

( )$370,000

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