88-13 Scrap or process further decision (Learning Objective 7) Jensen Auto Components has an inventory of 480 obsolete remote entry keys that are carried in inventory at a manufacturing cost of $78,720. Production Supervisor Karen Rinke must decide to do one of the following: Process the inventory further at a cost of $23,000, with the expectation of selling it for $30,000 Scrap the inventory for a sales price of $3,500 What should Rinke do? Present figures to support your decision