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You are advising a friend who is attempting to decide whether or not to drop one of the courses they are currently enrolled in. If

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You are advising a friend who is attempting to decide whether or not to drop one of the courses they are currently enrolled in. If they drop, they will forfeit the money spent on tuition. Which of the following regarding the drop decision is consistent with capital budgeting principles? I. Remaining in the class means you must give up your part-time job. II. The tuition cost for the class was outrageous, $1,000 per credit hour. III. If you drop the class, you can sell the textbook now for $30 at the bookstore. Select one: a. I only O b. I and Ill only O c. III, and III O d. ll and Ill only Oe. I and II only

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