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Duck Company is disposing of equipment that was originally purchased for $607,000 and has $260,000 of accumulated depreciation to date. The same equipment would cost
Duck Company is disposing of equipment that was originally purchased for $607,000 and has $260,000 of accumulated depreciation to date. The same equipment would cost $790,000 to replace. What is the total amount of sunk cost in this decision? Multiple Choice O $867,000 $790,000 O $260,000 $347,000
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