Add about three more modulations or bounces via the compression and rebound of the struts and that is exactly what I saw an R-A3 do down in Townsville in the 60's. It was then called porpoising though obviously not done on purpose. Back in the air the next day but of course it did not have that deformed mid-section.
I suppose you must pull out the sharp pencil and factor all of the things from date of manufacture, number of cycles, fuel economy and current market before writing a plane off for parts.
I have seen a few Beavers that were in horrid shape that brought a tidy sum with the demand for Alaskan bush planes on the rise.
Highkeas was right on the mark.
Live, from a grassy knoll somewhere near you.