Question: machine will cost $ 7 9 0 , 0 0 0 and the old equipment can be sold for $ 8 , 0 0 0

machine will cost $790,000 and the old equipment can be sold for $8,000. What is the sunk cost in this situation?
$53,000
$40,000
$37,000
$290,000
machine will cost $790,000 and the old equipment can be sold

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