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If the old equipment is replaced now it can be sold for

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Reference no: EM13581039

Chung Inc. is considering the replacement of a piece of equipment with a newer model. The following data has been collected:

If the old equipment is replaced now, it can be sold for $60,000. Both the old equipment's remaining useful life and the new equipment's useful life is 5 years.

Which of the following amounts is irrelevant to the replacement decision?

Reference no: EM13581039

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