Obsolete laventory. The Lantern Corporation has 1800 ebsolete lanterns in inventory that had a manufacturing cost of $20,000. If the lanterns are remachined at a cost of $5,000. they can be sold for $9,000. If they are scrapped, they can be sold for $1,000. Which alternative is more desirable, and what are the total relevant costs for that alternative? (AICPA adapted)