How do you compute for the recoverable value of vehicles that could only be sold for scrap value?

Question

A company owns several vehicles that are several years old, do not generate cash and could only be sold for scrap.

Answer 1

there may be a reason why they have been sold for scrap perhaps it is because they have be taken advantage of for tax purposes and now to sell them they would have to pay more that they would generate in cash. The way that you do it is you use the figures that they were sold for and that is the current value