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Gandy Company has 5000 obsolete desk lamps that are carried ininventory at a man

Gandy Company has 5000 obsolete desk lamps that are carried ininventory at a manufacturing cost of $50000. If the lamps arereworked for $20000 they could be sold for $35000.Alternatively the lamps could be sold for $8000 for scrap. In adecision model analyzing these alternatives the sunk cost wouldbe: