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What is the sunk cost

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Problem - Madden Company is considering disposing of equipment that was originally purchased for $200,000 and has $150,000 accumulated depreciation to date. The same equipment would cost $310,000 to replace. What is the sunk cost?

a. $50,000

b. $150,000

c. $200,000

d. $310,000

Reference no: EM132717812

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