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Dodo company is disposing of equipment that was originally purchased for $700,000 and has $140,000 of accumulated depreciation to date. The same equipment would cost
Dodo company is disposing of equipment that was originally purchased for $700,000 and has $140,000 of accumulated depreciation to date. The same equipment would cost $950,000 to replace. What is the total amount of sunk cost in this decision? A. $560,000 B. $840,000 C. $250,000 D. $810,000
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