2. Scrap Items with Old Logo: Red Raider company spent $500,000 on items that are imprinted with an old logo. It is unlikely these items will ever be used. However, staff recommends against scraping because this will result in an immediate charge against net income. It costs only $2,000 per year to store the items. Compare accepting the recommendation versus the rejection of the recommendation. Write up your approach to your analysis and your conclusion (your decision and why). Show all your work.