Sheffield Corp. has old inventory on hand that cost $33000. Its scrap value is $44000. The inventory could be sold for $110000 if manufactured further at an additional cost of $33000. What should Sheffield do?

a. Sell the inventory for $44000 scrap value

b. Dispose of the inventory to avoid any further decline in value

c. Hold the inventory at its $33000 cost

d. Manufacture further and sell it for $110000