Armstrong Corporation manufactures bicycle parts. The company currently has a $19,600 inventory of parts that have become obsolete due to changes in design specifications. The parts could be sold for $7,100, or modified for $10,100 and sold for $20,500. value: 110 points Required: 1. Identr fy the relevance of the data given in the exercise to the decision about what to do with the obsolete parts. Current sales value for unmodified parts Sales value for modified parts Modification costs Current book value of inyentory