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Lakeland University is determining whether it should keep or replace all of the computers in each of its computer labs. Which of the following quotes

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Lakeland University is determining whether it should keep or replace all of the computers in each of its computer labs. Which of the following quotes below from Lakeland's CFO is correct as to how Lakeland should analyze costs in this situation. Multiple Choice * we spend the money this year to replace all our computers, then we wouldn't have enough funds to refurnish one of our dorm buildings. However, computers and furniture are two different types of assets, so we shouldn't take this opportunity cost into consideration when making our decision." "We paid a lot of money for our current computers. I know they are not meeting the needs for our students, but the large price we paid for them needs to factor into our decision." "The periodic depreciation expense on the current computers is much lower than normal. We should take this into consideration when making our decision "We're able to take advantage of a great deal now by purchasing computers from a company going out of business. I don't think we'll have this opportunity again in the future. We should take this into consideration when making our decision

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