question 3

Question 3 (3 points) Ironman Corporation is considering replacing a machine that is presently used in its production process. Which of the following amounts represents a sunk cost? Old Machine $60,000 5 Replacement Machine $46,000 Original cost Remaining useful life in years Current age in years Book value Current disposal value in cash $33,000 $9,000 Future disposal value in cash (in 5 years) Annual cash operating costs $0 $8,000 $4,000 $46,000 O $60,000 $9000 $33,000