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fRequirement 2. A truck costing $103,000 and uninsured is wrecked on its first day in use. It can be either (a) disposed of for $16,000
\fRequirement 2. A truck costing $103,000 and uninsured is wrecked on its first day in use. It can be either (a) disposed of for $16,000 cash and replaced with a similar truck costing $103,500 or (b) rebuilt for $87,000, and, thus, be brand-new as far as operating characteristics and looks are concerned. Which action is less costly? Show your calculations. (Only complete the necessary answer boxes.) (a) (b) Replace Rebuild Deduct Total cost Action is less costly by $
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