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  3. 23. a truck, costing $60,000 and uninsured, was wr

23. A truck, costing $60,000 and uninsured, was wrecked the very first day it was...

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Accounting

23. A truck, costing $60,000 and uninsured, was wrecked the very first day it was used. It can either be disposed of for $6,000 cash and replaced with a similar truck costing $62,000 or rebuilt for $49,000 and be "new" as far as operating characteristics and looks are concerned. The net relevant cost of the replacing option is:

Answer: __________________________

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