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The ABC Corporation has 1,000 obsolete rice machines that are carried in inventory at a manufacturing cost of $20,000. If the rice machines are re-machined

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The ABC Corporation has 1,000 obsolete rice machines that are carried in inventory at a manufacturing cost of $20,000. If the rice machines are re-machined for $5,000, they could be sold for $9,000. Alternatively. the rioe machines could be sold for scrap for $1,000. Which alternative is more desirable, and what are the total relevant costs for that alternative\"?| Multiple Choice 0 Remachine and $5,000. Remachine and $25,000. Scrap and $19,000. O 0 Scrap and $20,000. 0

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