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Wilson Company is considering replacing equipment which originally cost $478,548.00 and which has $334,983.60 accumulated depreciation to date. A new machine will cost $893,573.00. Determine

Wilson Company is considering replacing equipment which originally cost $478,548.00 and which has $334,983.60 accumulated depreciation to date. A new machine will cost $893,573.00. Determine the sunk cost in this situation.

Select the correct answer.

$143,564.40

$893,573.00

$750,008.60

$478,548.00

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