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ohnson Co. is considering the sale of some obsolete inventory. The inventory cost $10,250 to produce, and can be sold 'as is' for $5,000. Alternatively,

ohnson Co. is considering the sale of some obsolete inventory. The inventory cost $10,250 to produce, and can be sold 'as is' for $5,000. Alternatively, Johnson can rework the inventory at a cost of $2,000 and sell the reworked product for $8,000. What would be the impact on net income if the company decides to update the units instead of selling them 'as is'?

A $4,250 Decrease
B $1,000 Decrease
C $1,000 Increase
D $6,000 Increase

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