Question: Concord Corporation has several outdated computers that cost a total of $17200 and could be sold as scrap for $6200. They could be updated for

Concord Corporation has several outdated computers that cost a total of $17200 and could be sold as scrap for $6200. They could be updated for an additional $3000 and sold. In deciding whether to update the computers and sell them, what amount is considered sunk costs?

$9000

$17200

$20200

$3000

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