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Crane Company has inventory on hand that cost $15000. Its scrap value is $20000. The inventory could be sold for $50000 if manufactured further at

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Crane Company has inventory on hand that cost $15000. Its scrap value is $20000. The inventory could be sold for $50000 if manufactured further at an additional cost of $15000. What should Crane do? Manufacture further and sell it for $50000 Dispose of the inventory to avoid any further decline in value Hold the inventory at its $15000 cost Sell the inventory for $20000 scrap value

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