THE FOLLOWING INFORMATIO APPLIESTOQUEST?ONS 17 THROUGH 18. Bauer Manufacturing Company, Inc. has 400 obsolete desk calculators that are carried in inventory at a total cost of $26,800. If these calculators are upgraded at a total cost of $10,000, they can be sold for a total of $30,000. As an alternative, the calculators can be sold in their present condition for $11,200. 17. The sunk cost in this situation is: a. $10,000. b. $26,800. c. $11,200. d. $30,000. 18. What is the net advantage or disadvantage to the company from upgrading the calculators? a. $8,800 advantage. b. $18,000 disadvantage. c. $20,000 advantage. d. $8,000 disadvantage. 19. The is the discount rate that equates the present value of a project's cash inflows with the present value of the project's cash outflows a. Net present value. b. Payback period. c. Internal rate of return. d. Return on investment