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Armstrong Corporation manufactures bicycle parts. The company currently has a $18,500 inventory of parts that have become obsolete due to changes in design specifications. The

Armstrong Corporation manufactures bicycle parts. The company currently has a $18,500 inventory of parts that have become obsolete due to changes in design specifications. The parts could be sold for $6,300, or modified for $9,100 and sold for $19,700.

Calculate the benefit under each alternative for disposing of the obsolete parts.

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