Longview Baskets Has in Its Inventory 2500 Damaged Baskets That

Multiple Choice

Longview Baskets has in its inventory 2500 damaged baskets that cost $20,000 The baskets can be sold in their present condition for $17,000, or repaired at a cost of $18,000 and sold for $36,000. What is the opportunity cost of selling the baskets in their present condition?

A) $37,000
B) $35,000
C) $54,000
D) $18,000