Question: Question Content AreaRuby Company is considering replacing an old machine that originally cost $ 1 0 5 , 0 0 0 . A new machine

Question Content AreaRuby Company is considering replacing an old machine that originally cost $105,000. A new machine will cost $900,000, and the old machine can be sold for $30,000. What is the sunk cost in this situation?
a. $105,000
b. $95,000
c. $25,000
d. $120,000

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