Answer the following questions. 1. A company has an inventory of 1,400 assorted parts for a line of missiles that has been discontinued. The inventory cost is $78,000. The parts can be either (a) remachined at total additional costs of $25,000 and then sold for $33,500 or (b) sold as scrap for $5,000. Which action is more profitable? Show your calculations, A truck, costing $101,500 and uninsured, is wrecked its first day in use. It can be either (a) disposed of for $17,000 cash and replaced with a similar truck costing $102,500 or (b) rebuilt for $86,000, and thus be brand-new as far as operating characteristics and looks are concerned. Which action is less costly? Show your calculations. 2. 1. A company has an inventory of 1,400 assorted parts for a line of missiles that has been discontinued. The inventory cost is $78,000. The parts can be either (a) remachined total additional costs of $25,000 and then sold for $33,500 or (b) sold as scrap for $5,000. Which action is more profitable? Show your calculations. (Only complete the necessary answer boxes.) (a) (b) Scrap Remachine Deduct: Operating income