Question: Hi-Tech Inc. has several obsolete computers that cost a total of $8,900 and could sell for $2,300 for scrap. Could be upgraded for an additional
Hi-Tech Inc. has several obsolete computers that cost a total of $8,900 and could sell for $2,300 for scrap. Could be upgraded for an additional $1200 and sold. If Hi-Tech upgrades the computers and sells them, net income will increase by $4,500. At what price were the updated versions sold?
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