[The Following Information Applies to the Questions Displayed Below

Multiple Choice

[The following information applies to the questions displayed below.]
Express,Inc. ,is considering replacing equipment.The following data are available:

-Which of the data above is a sunk cost?

A) The annual cost of operating the new equipment.
B) The annual cost of operating the old equipment.
C) The disposal value of the old equipment.
D) The original cost of the old equipment.