Use the Following Information for Questions

question 17

Multiple Choice

Use the following information for questions
Hi-Tech Inc. has several outdated computers that cost a total of $17,800 and could be sold as scrap for $4,600. They could be updated for an additional $2,400 and sold. If Hi-Tech updates the computers and sells them, net income will increase by $9,000.
-What amount would be considered sunk costs?

• A) $2,400
• B) $9,000
• C) $17,800
• D) $20,200

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Definitions:

Major Organic

The primary organic compound formed as the principal output in a chemical reaction.

Organic Product

A compound that typically contains carbon atoms and is produced as a result of the chemical reactions within a living organism or synthetic organic reactions.

Major Organic

Typically refers to the main or most important organic compound or structure in a particular context or reaction.

Organic Product

A compound containing carbon atoms that has been obtained from an organic reaction involving organic reactants.