Ivanhoe T Corporation is comparing two different options. Ivanhoe T currently uses Option 1, with revenues of $68,000 per year, maintenance expenses of $5,200 per year, and operating expenses of $27,000 per year. Option 2 provides revenues of $62,000 per year, maintenance expenses of $5,200 per year, and operating expenses of $22,900 per year. Option 1 employs a piece of equipment which was upgraded 2 years ago at a cost of $18,000. If Option 2 is chosen, it will free up resources that will bring in an additional $4,000 of revenue. Complete the following table to show the change in income from choosing Option 2 versus Option 1. Designate Sunk costs with an "S" otherwise select "NA".

Ivanhoe T Corporation is comparing two different options. Ivanhoe T currently uses Option 1 , with revenues of $68,000 per year, maintenance expenses of $5,200 per year, and operating expenses of $27,000 per year. Option 2 provides revenues of $62,000 per year, maintenance expenses of $5,200 per year, and operating expenses of $22,900 per year. Option 1 employs a piece of equipment which was upgraded 2 years ago at a cost of $18,000. If Option 2 is chosen, it will free up resources that will bring in an additional $4,000 of revenue. Complete the following table to show the change in income from choosing Option 2 versus Option 1. Designate Sunk costs with an "S" otherwise select "NA". (Enter negative amounts using either a negative sign preceding the number e.g. 45 or parentheses e.g. (45).)