Chapman inc. has several outdated computers that cost
1. Chapman Inc. has several outdated computers that cost a total of $8,600 and could be sold as scrap for $4,600. They could be updated for an additional $2,400 and sold. If Chapman updates the computers and sells them, net income will increase by $5,400. What amount would be considered sunk costs?A) $5,400B) $11,000C) $8,600D) $1,200 Sunk costs are the costs already incurred – so […]