scrap? Multiple Choice ($79,100) ($21,700) ($4,500) $52,900

Hodge Incorporated has some material that originally cost $74,600. The material has a scrap value of $57,400 as is, but if reworked at a cost of $1,500, it could be sold for $54,400. What would be the financial advantage (disadvantage) of reworking and selling the material rather than selling it as is as scrap? Multiple Choice O O O O ($79,100) ($21,700) ($4,500) $52,900