A truck costing 202000 and uninsured is wrecked its first, Financial Accounting

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A truck costing 202000 and uninsured is wrecked its first

A truck, costing 202.000$ and uninsured, is wrecked its first day in use. It can be either (a) disposed of for 35.000$ cash and replaced with a similar truck costing 207.000$ or (b) rebuilt for 179.000$ and thus be brand-new as far as operating characteristics and looks are concerned. Which action is less costly? Show your calculations

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Financial Accounting: A truck costing 202000 and uninsured is wrecked its first

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Financial Accounting: A truck costing 202000 and uninsured is wrecked its first

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