Question: Cornerstone, Inc. has $ 1 4 5 , 0 0 0 of inventory that suffered minor smoke damage from a fire in the warehouse. The

Cornerstone, Inc. has $145,000 of inventory that suffered minor smoke damage from a fire in the warehouse. The company can sell the goods "as is" for $51,000; alternatively, the goods can be cleaned and shipped to the firm's outlet center at a cost of $20,000. There the goods could be sold for $100,000. What alternative is more desirable and what is the relevant cost for that alternative?
Cornerstone, Inc. has $145,000 of inventory that suffered minor smoke damage

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