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I need help with this question

3. [15] Suppose your company has just discovered $100,000 worth (this is the original manufacturing cost) worth of obsolete inventory in an old warehouse. You have been asked to evaluate the companys options which are: 1) re-machine the obsolete parts at a cost of $30,000 and hope and sell them for an expected $60,000, or 2) scrap the parts and obtain $15,000 from a scrap dealer. What is the best option in your opinion and why
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