ABC, Inc. is considering whether to repair a five-year-old fork lift or to purchase a used one as a replacement. The company estimates that it would take $3,000 to repair the existing fork lift, which is the same amount needed to purchase the used fork lift. Cost-related information for both assets is as follows:

	Existing Fork Lift			Used Fork Lift
Acquisition cost	$	15,000		$	3,000
Repairs cost	$	3,000			-
Annual operating costs (gas, etc.)	$	2,280		$	2,100

A cost that is not relevant for this asset-replacement decision is:

Multiple Choice

• The annual operating cost for the used fork lift.

• The annual operating cost for the existing fork lift.

• The repair cost for the existing fork lift.

• The acquisition cost of the used fork lift.

• The acquisition cost of the existing fork lift.