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