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Holmes Company has already spent $ 9 6 , 0 0 0 to harvest peanuts. Those peanuts can be sold as is for $ 7

Holmes Company has already spent $96,000 to harvest peanuts. Those peanuts can be sold as is for $77,500. Alternatively, Holmes can process further into peanut butter at an additional cost of $546,000. If Holmes processes further, the peanut butter can be sold for $945,750.
(a) Prepare a sell as is or process further analysis of income effects.
(b) Should Holmes sell as is or process further?
\table[[(a) Sell or Process Analysis,Sell as is,Process Further],[Revenue,$,77,500,$,945,750],[Costs],[Income],[.,,,,],[(b) The company should:,Process further]]
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