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One of the employees of Corporation was recently involved in an accident with one of the corporation's delivery trucks. The corporation is either going to

One of the employees of Corporation was recently involved in an accident with one of the corporation's delivery trucks. The corporation is either going to repair the damaged truck or sell it as is and buy a comparable used truck. The accounting department has gather the following information regarding trucks:

Initial cost of the damaged truck $20,000
Accumulated depreciation to date on damaged truck $16,000
Salvage value of truck immediately before crash $9,000
Salvage value of truck immediately after crash $1,000
Cost to repair damaged truck $5,000
Cost to buy a comparable used truck $11,000

Based on the information above, company would be better off financially by:

A $5,000 by repairing the damaged truck.

B $2,000 by buying the comparable truck.

C $1,000 by buying the comparable truck.

D $2,000 by repairing the damaged truck.

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