whether each would be treated as a sunk cost or an opportunity cost in developing the relevant cash flows associated with the proposed replacement decision.

a$.$ Gen$-$X would be able to use the same tooling, which had a book value of $\backslash (\backslash$$ $50,000\backslash ),$ on the new machine tool as it had used on the old one. firm for an annual fee of $\backslash (\backslash$$ $12,000\backslash ).$ other firm.

Opportunity cost

Sunk cost firm for an annual fee of $\backslash (\backslash$$ $12,000\backslash ).$ This is an example of $\backslash ($ a$($n$)\backslash )$ : $($Select the best answer below.$)$

Opportunity cost

Sunk cost

Sunk cost

Opportunity cost other firm. This is an example of $\backslash ($ a$($n$)\backslash )$ : $($Select the best answer below.$)$

Opportunity cost

Sunk cost the best answer below.$)$

Sunk cost

Opportunity cost