Disposal of Assets A company has an inventory of 3,700 different parts for a line of cars that has been discontinued. The net book value (NBV) of this inventory is $67,000. The parts can be either re-machined at a total additional cost of $33,500 and then sold for $47,000, or the parts can be sold as-is for $3,350.

Required:

Is there a net benefit or a net loss from remachining the parts versus scrapping the parts?