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Exercise 1 - 5 ( Static ) Differential, Sunk, and Opportunity Costs [ LO 1 - 5 ] Northeast Hospital's Radiology Department Is considering replacing

Exercise 1-5(Static) Differential, Sunk, and Opportunity Costs [LO1-5]
Northeast Hospital's Radiology Department Is considering replacing an old inefficient x-ray machine with a state-of-the-art digital x-ray machine. The new machine would provide higher quality x-rays in less time and at a lower cost per x-ray. It also requires less power and would use a color laser printer to produce easily readable x-ray images. Instead of Investing the funds in the new x-ray machine, the Laboratory Department is lobbying the hospital's management to buy a new DNA analyzer.
Required:
Classify each item as a differential cost, a sunk cost, or an opportunity cost in the decision to replace the old X-ray machine with a new machine. If none of the categories apply for a particular item, select "None".
\table[[Item,],[Example: Cost of X-ray film used in the old machine,Differential Cost],[1. Cost of the old X-ray machine,],[2. The salary of the head of the Radiology Department,],[3. The salary of the head of the Laboratory Department,],[4. Cost of the new digital X-ray machine,],[5. Rent on the space occupied by Radiology,],[6. The cost of maintaining the old machine,],[7. Benefits from a new DNA analyzer,],[8. Cost of electricity to run the X-ray machines,]]
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