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Delaney Company is considering replacing equipment that originally cost $497,000 and has accumulated depreciation of...

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Accounting

Delaney Company is considering replacing equipment that originally cost $497,000 and has accumulated depreciation of $347,900 to date. A new machine will cost $702,000. The sunk cost in this situation is
a. $552,900
b. $149,100
c. $119,280
d. $497,00
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