Disposal of Assets A company has an inventory of 2,950 different parts for a line of cars that has been discontinued. The net book value (NBV) of this inventory is $73,750. Either the parts can be re-machined at a total additional cost of $36,875 and then sold for $44,250, or the parts can be sold as-is for $3,450. Required: is there a net benefit or a net loss from remachining the parts versus scrapping the parts? Asset Replacement An uninsured boat costing $93,800 was wrecked the first day it was used. It can be either sold as-is for $9,380 cash and replaced with a similar boat costing $97,700 or rebuilt for $78,800 and be brand new as far as operating characteristics and looks are concerned. Required: What is the difference in cost between the two options? Based on financial considerations, what should the company do? Sell as is for $9,380 cash and replace with a similar boat costing $97,700. Rebulid for $78,800