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The Tingey Company has 500 obsolete microcomputers that are carried in inventory at a total cost of $720,000. If these microcomputers are upgraded at a

The Tingey Company has 500 obsolete microcomputers that are carried in inventory at a total cost of $720,000. If these microcomputers are upgraded at a total cost of $100,000, they can be sold for a total of $160,000. As an alternative, the microcomputers can be sold in their present condition for $50,000. What is the net advantage or disadvantage to the company from upgrading the computers rather than selling them in their present condition? 1) $110,000 advantage. 2) $660,000 disadvantage. 3) $ 10,000 advantage. 4) $ 60,000 advantage. show work please

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