Sanchez Company is considering replacing equipment that originally cost $300,000 and has $280,000 accumulated depreciation to date.A new machine will cost $450,000.What is the sunk cost in this situation?
A)$150,000
B)$280,000
C)$20,000
D)$300,000

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The Answer of Sanchez Company is considering replacing equipment that originally cost $300,000 and has $280,000 accumulated depreciation to date.A new machine will cost $450,000.What is the sunk cost in this situation?
A)$150,000
B)$280,000
C)$20,000
D)$300,000

Sanchez Company Is Considering Replacing Equipment That Originally Cost $300,000