Answer the following questions. 1. 2. A company has an inventory of 1,050 assorted parts for a line of missiles that has been discontinued. The inventory cost is $72,000. The parts can be either (a) remachined at total additional costs of $24,500 and then sold for $30,500 or (b) sold as scrap for $2,000. Which action is more profitable? Show your calculations. A truck, costing $100,000 and uninsured, is wrecked its first day in use. It can be either (a) disposed of for $18,500 cash and replaced with a similar truck costing $106,000 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? Show your calculations. 1. A company has an inventory of 1,050 assorted parts for a line of missiles that has been discontinued. The inventory cost is $72,000. The parts can be either (a) remachined at total additional costs of $24,500 and then sold for $30,500 or (b) sold as scrap for $2,000. Which action is more profitable? Show your calculations. (Only complete the necessary answer boxes.) Deduct: Operating income (a) (b) Remachine Scrap