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Cornerstone, Inc. has $144,000 of inventory that suffered minor smoke damage from a fire in the warehouse. The company can sell the goods as is

Cornerstone, Inc. has $144,000 of inventory that suffered minor smoke damage from a fire in the warehouse. The company can sell the goods "as is" for $52,000; alternatively, the goods can be cleaned and shipped to the firm's outlet center at a cost of $21,000. There the goods could be sold for $99,000. What alternative is more desirable and what is the relevant cost for that alternative? Multiple Choice Clean and ship to outlet center, $165,000. Sell 'as is $144,000. Neither alternative is desirable, as both produce a loss for the firm. C Clean and ship to outlet center, $21,000 Clean and ship to outlet center, $120,000

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