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! Required information [The following information applies to the questions displayed below.] Each of the following situations is independent: Disposal of Assets A company

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! Required information [The following information applies to the questions displayed below.] Each of the following situations is independent: Disposal of Assets A company has an inventory of 2,450 different parts for a line of cars that has been discontinued. The net book value (NBV) of this inventory is $61,250. Either the parts can be re-machined at a total additional cost of $30,625 and then sold for $36,750, or the parts can be sold as-is for $2,950. Required: Is there a net benefit or a net loss from remachining the parts versus scrapping the parts? Net benefit from remachining parts Net loss from remachining parts

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