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a truck, costing $100,500 and uninsured, is wrecked its first day in use. it can either (a) disposed of for $15,500 cash and replaced with

a truck, costing $100,500 and uninsured, is wrecked its first day in use. it can either (a) disposed of for $15,500 cash and replaced with a similar truck costing $103,500 or (b) rebuilt for $89,500 and thus be brand new as far as operating characteristics and looks are concerned. which action is less costly?

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