Question: Sunset Graphics is considering moving to a cloud-based accounting system because its current system only runs on outdated computers. The cloud-based system is very similar

Sunset Graphics is considering moving to a cloud-based accounting system because its current system only runs on outdated computers. The cloud-based system is very similar to the current system, so there would be no additional training required. The cloud-based system will cost $1,500 per month for the next 36 months. The company will write off its old equipment and record a corresponding loss of $2,000. It will buy five new computers to access the cloud at a total cost of $2,200.

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