Required Information The following information applies to the questions displayed below Armstrong Corporation manufactures bicycle parts. The company currently has a $20,000 inventory of parts that have become obsolete due to changes in design specifications. The parts could be sold for $7,500, or modifled for $10,500 and sold for $21,300. 2-a. Calculate the benefit under each alternative for disposing of the obsolete parts Benefit if parts are sold without modification Net benefit if parts are sold after being modified