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The Johnson Company has some obsolete Inventory that cost $60,000 and can be sold today...

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Accounting

The Johnson Company has some obsolete Inventory that cost $60,000 and can be sold today for $20,000. If it is processed further, the inventory can be sold for $70,000, but additional costs of $46,000 are required for the work. What is the incremental effect of further processing for Johnson?

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