a firm has some material which originally cost $$10000.$ It has a scrap value of $$2500$ but if reworked at a cost of $$6000,$ it could be sold for $$9000$ A firm has some material which originally cost $$10000.$ It has a scrap value of $$2500$ but if

reworked at a cost of $$6000,$ it could be sold for $$9000.$

What would be the incremental effect of reworking and selling the material?

A profit of $$3000$

A profit of $$500$

A loss of $$500$

A loss of $$10000$