Purchase a new Corolla for $22,000, It was damage because of hail
insurance pays 2,900 ($3,400 appraisal, - $500 deductable)
repair damage cost 2,900, but value car will reduced 2,000 because of accident report
Net replacement cost same model, year, color $ 3,500 (out of pocket after trade in the old one)
1. conduct a cost/ benefit analysis using a typical 2x2 matrix
	repair	replace with new	net different
benefit	?	?	?
cost	?	?	?
Net benefit	?	?	?