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Wilson Company is considering replacing equipment which originally cost $535,458.00 and which has $374,820.60 accumulated depreciation to date. A new machine will cost $847,025.00. Determine

Wilson Company is considering replacing equipment which originally cost $535,458.00 and which has $374,820.60 accumulated depreciation to date. A new machine will cost $847,025.00. Determine the sunk cost in this situation.

Select the correct answer.

$686,387.60
$535,458.00
$847,025.00
$160,637.40

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