An explanation would be outstanding! Thank you!

Use the following to answer the next question; The Schmidt Corporation has in its inventory 4,000 damaged radios that cost $50,000. The radios can be sold in their present condition for $32,000, or repaired at a cost of $43,000 and sold for $66,000. Which of the following should Schmidt Corporation do to maximize profits? Repair the radios because the sales value is S34.000 higher than selling as is Sell as is for a benefit of $9,000 over repairing the radios Repair the radios as the cost to repair is considered a sunk cost and is irrelevant None of the above because the company will incur a net loss on the radios with all options