One of your employees recently was involved in an accident with the company delivery van. You can either repair the damaged van or sell it as is and buy a comparable used van. Below is the information related to this decision: Initial cost of the damaged van $30,000 Accumulated depreciation on the van $18,000 Salvage value of the van before the crash $ 9,000 Salvage value of the van now $ 1,000 Cost to repair damaged van $5,000 Cost of a comparable used van $10,000 Required: What will you do (repair or replace) and why (what is the $ benefit of doing this)