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Required information [The following information applies to the questions displayed below.] Armstrong Corporation manufactures bicycle parts. The company currently has a $20,200 inventory of parts that have become obsolete due to changes in design specifications. The parts could be sold for $7,700, or modified for $10,700 and sold for $21,700. Required: - Identify the relevance of the data given in the exercise to the decision about what to do with the obsolete parts. Required information [The following information applies to the questions displayed below.] Armstrong Corporation manufactures bicycle parts. The company currently has a $20,200 inventory of parts that have become obsolete due to changes in design specifications. The parts could be sold for $7,700, or modified for $10,700 and sold for $21,700. 2-a. Calculate the benefit under each alternative for disposing of the obsolete parts. 2-b. How should the obsolete parts be disposed? Complete this question by entering your answers in the tabs below. Calculate the benefit under each alternative for disposing of the obsolete parts. Required information [The following information applies to the questions displayed below.] Armstrong Corporation manufactures bicycle parts. The company currently has a $20,200 inventory of parts that have become obsolete due to changes in design specifications. The parts could be sold for $7,700, or modified for $10,700 and sold for $21,700. 2-a. Calculate the benefit under each alternative for disposing of the obsolete parts. 2-b. How should the obsolete parts be disposed? Complete this question by entering your answers in the tabs below. How should the obsolete parts be disposed? How should the obsolete parts be disposed