White Petroleum has spent $206,000 to refine 63,000 gallons of petroleum distillate, which can be sold for $6.00 per gallon. Alternatively, White can process the distillate further and produce 58,000 gallons of cleaner fluid. The additional processing will cost $1.70 per gallon of distillate. The cleaner fluid can be sold for $9.30 per gallon. To sell cleaner fluid, White must pay a sales commission of $0.11 per gallon and a transportation charge of $0.19 per gallon. Read the fequirements. Requirements 1. Fill in the diagram for White's alternatives. 2. Identify the sunk cost. Is the sunk cost relevant to White's decision? 3. Should White sell the petroleum distillate or process it into cleaner fluid? Show the expected net revenue difference between the two alternatives. Print Done Requirement 1. Fill in the diagram for White's alternatives. Revenues from selling as is Joint costs $ of producing 63,000 gallons of petroleum distillate Cost of Revenues from processing processing further further $