Thanks for the prompt response

Assume that on June 22 of the current year, Emerson Company is considering leasing or selling of the following equipment: The cost of equipment was $200,000; the accumulated depreciation of the equipment is $110,000; and the book value of the equipment is $90,000. If the equipment is leased (Alternative 1), revenues for the one-year lease will be $160,000; total estimated repair, insurance, and property tax expense during the lease year would be $35,000; and the equipment would have no residual value at the end of the lease. If the equipment is sold, the sales price is $100,000; and the commission on the sale would be 5%. In Emerson's differential analysis, 0 A) only the differential revenues and differential costs associated with the lease- or-sell decision are included in the differential analysis 0 B) the $90,000 book value ($200,000 - $110,000] of the equipment is a sunk cost and is not considered in the differential analysis 0 C) sunk costs are costs that have been incurred in the past, cannot be recouped, and are not relevant to future decisions; that is, the $90,000 is not affected regardless of which decision is made 0 D) all of the above 0 E) none of the above