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Janssen Company has old inventory on hand that cost $24, 000. Its scrap value is $32, 000. The inventory could be sold for $80, 000

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Janssen Company has old inventory on hand that cost $24, 000. Its scrap value is $32, 000. The inventory could be sold for $80, 000 if manufactured further at an additional cost of $24, 000. What should Janssen do? Dispose of the inventory to avoid any further decline in value Hold the inventory at its $24, 000 cost Manufacture further and sell it for $80, 000 Sell the inventory for $32, 000 scrap value

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