At the beginning of the year, Flint inc. is considering whether to repair and retain...

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Accounting

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At the beginning of the year, Flint inc. is considering whether to repair and retain an existing machine, or to replace it with a new machine. The following information is available to analyze this decision: Which of the costs being considered for this decision represents a sunk cost? $2500 of repair costs (current year) $8600 of annual operating costs (new machine) \$6400 of Machine overhaul costs (last year) $13300 of annual operating costs (existing machine)

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