Pratt Company has inventory on hand that cost $$15,000.$ Its scrap value is $$20,000.$ The inventory could be sold for $$50,000$ if manufactured further at an additional cost of $$15,000.$ What should Pratt do$?$

Question $38$ options:

A$)$

Manufacture further and sell it for $$50,000$

B$)$

Hold the inventory at its $$15,000$ cost

C$)$

Sell the inventory for $$20,000$ scrap value

D$)$

Dispose of the inventory to avoid any further decline in value