Asset Replocement An uninsured boat costing $90,200 was wrecked the first day it was used it can be either sold as-is for $9,020 cash and replaced with a similar boat costing $92,300 or rebullt for $75,200 and be brand new as far as operating characteristics and looks are concemed. Required: What is the difference in cost between the two options? Based on financial considerations, what should the company do? Sell as-1s for $9,020 cash and replace with a similar boat costing $92,300. Rebuild for $75,200