Sheffield Corp. has inventory on hand that cost $17200. Its scrap value is $22000. The inventory could be sold for $65000 if manufactured further at an additional cost of $15400. What should Sheffield do? O Dispose of the inventory to avoid any further decline in value O Sell the inventory for $22000 scrap value O Hold the inventory at its $17200 cost O Manufacture further and sell it for $65000

Sheffield Corp, has imventory on hand that cost $17200. Its scrap value is $22000. The inventory could be sold for $65000 if manufactured further at an additional cost of $15400. What should Sheffield do? Dispose of the inventory to avoid any further decline in value Sell the inventory for $22000 scrap value Hold the inventory at its $17200 cost Manufacture further and sell it for $65000