Visicn Chemical has spent $243,000 to refine 73,000 gulions of acetone, which can be sold for Requirements \$2.40 a galion. Aternatively, Vision Chemical can process the acetone further. This processing will 1. identfy the sunk coit is the sunk cont relevant to Vision's decision? Why or why not? yield a 1otal of 59,000 gallons of lacquer thinner that can be sold for $3.00 a gallon. The additional 2. Should Vision sol the acotone as is or process it into lacquer thinner? Show the processing will cost $0.45 per galion of laceuer thinner. To sed the lacever thinner. Viaion Chemical must pey shipping of $0.24 a gallon and administrative expenses of $0.11 a gallon on the thinnar. Requirement 1. Identify the sunk cost is the sunk cost relevant to Vision's decinion? Why or why not? The Iis a sunk cost that ditler between allernatives of selling as is or procosing further Consequensy, this sunk cost of Requirement 2. Should Vision set the acetone as is or process in into lacouer thinner? Show the expected net revecue difference between the two altematives. (Enter a 'o? for any zero amounts. Use a minus sign or parentheses in the Diforence column if the Sel As is amount excoeds the Procece Further amsunt)