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

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Requlred 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 2,000 different parts for a line of cars that has been discontinued. The net book value (NBV) of this inventory is $50,000. Either the parts can be re-mechined at a total additional cost of $25,000 and then sold for $30,000, or the parts can be sold as is for $2,500. Is there a net benefit or a net lass from remachining the parts versus scrapping the parts? Required

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