You are a project manager for a company that publishes children books. Five years ago, your company purchased a sophisticated printing press capable of high-volume production. The company originally purchased the printing press for $500,000. However, printing press’s current book value is $200,000. The $200,000 book value is best considered a:
A. Direct cost
B. Indirect cost
C. Fixed cost
D. Sunk cost
E. Variable cost