McKnight Petroleum has spent $200,000 to retine 62.000 gallons of petroleum dibate, which can be sector 56.20 per gallon Alematively McKnight can process the be further and produce 58.000 gallons of charter thuid. The additional processing will cost $10 per galone distillate. The deaner til can be sold for $0.00 per galon To se deaner hund, McKnight must pay a sales como of $0.11 per gallon and a transportation charge of $0.18 pergalen Read the requirements Requirement 1. in the diagram for McKnight's alteratives Revenues from seling as 62.000 gams of petroleum Cost of prog hunther Se further Requirement 2. Identify the sun cost. Is the sunk cost relevant to McKnigh's decision? Tissunk cost that differ between the allem lives of sings or processing further Consequently, this sunk.com to the processunher decision Requirement 3. Should McKnight sel the petroleum distilate or process to cleaner thuid? Show the expected to revenue difference between the theatives. For the difference interenurut parenthesese processing further detail revenge Enter any number in the edit fields and then continue to the next question 3:29 Requirement 2. Identify the sun cost is the sun cost relevant to Me Knight's decision The sa sunkcest that ditter been the attemates of sergas is ce processing further conseguently, this sur centis to the selle process further den Requirement Shout Me Knight sell the petroleum tane or process it to chaner fuki? Show the expected net revenue difference between the two alomaties for the difference total net revenue us parentheses oramus procur-deas totales revenue) Process Sell Ass Further Difference Expected revenue to sing 62.000 gallons of petroleum dostate Expected revenue from sing 58.000 galons of cleaner Additional cost of proceng Total netwenue Decision Enter any number in the ed elds and then continue to the next