Exercise 10-3 (Algo) Sell or process LO P2 Cobe Company has manufactured 300 partially finished cabinets at a cost of $75,000. These can be sold as is for $90,000. Instead, the cabinets can be stained and fitted with hardware to make finished cabinets. Further processing costs would be $18,000, and the finished cabinets could be sold for $120,000. (a) Prepare a sell as is or process further analysis of income effects. (b) Should the cabinets be sold as is or processed further and then sold?