Question 1 1 ms Wimpod Inc. purchased a machine 8 years ago for 9419.000 when it launched product M50. Unfortunately. this machine has brol-cen down and cannot be repaired. The machine could be replaced by a new Model 500 machine costing 9375.000 are new Model 400 costing P411000. Management decided to buy the new Model 400 machine. it has less capacity than the new Model 500 machine, but its capacity is sufcient to continue making product M50. Management also considered, but rejected, the altemat-ive of dropping product M50 and not replacing the old machine. if that were done, the $375,000 invested in the new machine could instead have been invested in a project that would have a return total of P47S,000. P is the TOTAL. SUNK COST