QUESTION 23 A company has an old machine with a carrying amount of $75,000, with no salvage value, and an estimated remaining life of 12 years. A new machine is available at a cost of $190,000. It has the same estimated remaining life and the same capacity as the old machine, but it would reduce operating costs by $17,000 per year. Which of the following amounts is a sunk cost relative to the decision to replace the old machine? $0 $17,000 $190,000 $75,000