Root Chemical has spent $243,000 to refine 72,000 galions of acelone, which can be sold for $2.50 a galion. Allernatively, Root Chemical can process the acetone further, This processing will yield a total of 63,000 gallons of locquer thinner that can be sold for $3,30 a gallon. The additional processing witt cost $0 Bo per gallon of lacquer thinner. To sell the lacquer thinner. Root Chemical must pay shipping of $0.19 a galion and administrative expenses of $0.12 a galon on the thinner. Read the reaurements. Requirement 1. Identify the sunk cost. is the sunk cost relevant to Roors decision? Why or why non? The further. Consequently, this surk cost of fis a sunk cost that is differ belween altemasives of selling as is or processing to the set or process further decision. Requirements 1. Identify the sunk cost. is the surk cost relevant to Roots decision? Why or why not? 2. Should Rool sell the acetone as is or process it into lacquer thinner? Show the expected net revenue diterence between the two aherratives