Human Resource Finance Accounting

The Calculex Company has 800 obsolete calculators that are carried in inventory at a total cost of $53,400. If these calculators are upgraded at a total cost of $20,000, they can be sold for a total of $60,000. As an alternative, the calculators can be sold in their present condition for $22,400. The sunk cost in this situation is: Multiple Choice $22,400. $20,000. O O $53,400 O O $0