the following questions. 1. A company has an inventory of 1,000 assorted parts for a line of missiles that has been discontinued. The inventory cost is $88,000. The parts can be either (a) remachined at total additional costs of $33,000 and then sold for $37,000 or (b) sold as scrap for $4,400. Which action is more profitable? Show your calculations. 2. A truck costing $110,000 and uninsured is wrecked on its first day in use. It can be either (a) disposed of for $11,000 cash and replaced with a similar truck costing $112,200 or (b) rebuilt for $93,500, and, thus, be brand-new as far as operating characteristics and looks are concerned. Which action is less costly? Show your calculations. Requirement 1. A company has an inventory of 1,000 assorted parts for a line of missiles that has been discontinued. The inventory cost is $88,000. The parts can be either (a) remachined at total additional costs of $33,000 and then sold for $37,000 or (b) sold as scrap for $4,400. Which action is more profitable? Show your calculations. (Only complete the necessary answer boxes.) Deduct: e hit Operating income (a) (b) Remachine Scrap Action is more profitable by $ Requirement 2. A truck costing $110,000 and uninsured is wrecked on its first day in use. It can be either (a) disposed of for $11,000 cash and replaced with a similar truck costing $112,200 or (b) rebuilt for $93,500, and, thus, be brand-new as far as operating characteristics and looks are concerned. Which action is less costly? Show your calculations. (Only complete the necessary answer boxes.) Deduct: (a) Replace (b) Rebuild Deduct: Total cost Action is less costly by $ (a) (b) Replace Rebuild