To fix or not to fix?

Went up to the cabin for a little vacation now that school is out. We had a great enjoyable time, Steve and Norm helped build a planter out front and we planted some flowers to give the cabin a little extra. :) During the week we had some ups and downs. It is a part of my mom that I hope to hold onto for my forever, and be able to pass it along to Paxton some day. While up there, as kids will be kids, Paxton left his bike parked near the front of Steve's big F250. When Steve went to leave to run to the hardware store, he did not notice the small little bike and next thing you know... well, you know! Let's just say it wasn't the best day at the cabin for the Miller household. This was the last gift Paxton received from my mom for Christmas....She insisted she wanted to buy him a bike- me not knowing she would pass away a few weeks later. It bent the back rim and was no longer in riding condition for our little eager bike rider. Sometimes as parents we struggle between right, wrong, disciple and principle. What do we do? How do we react? What is the best way to resolve the issue, still teach a lesson but salvage what is sentimental? After all, kids do not come with an instruction manual. Each child being the unique individual they are, handle these situations in different ways, how do you pinpoint your child's needs? Life can be super short, I have learned that from an early age, loosing my 10 year old best friend to cancer when I was 11, my dad when I turned 14 and my mom this past January, with others in between. Can you still teach a lesson, instill fear, and repair the item that was damaged? That is a good question, and it may be years before we find out.. or never.. Apparently 18" rims for little boy's bikes are the rarest find. 16" and 20" all day long. We were quoted about $100 to get a new one and have it fixed. $80 just for the rim if Steve wanted to fix it himself. The bike cost less the $100 to start with. Do you punish the kid and make him go without a bike? He is 5, this is not the first mistake he is going to make, his bike is a huge part of what he loves to do outdoors. Do you fix it because it is sentimental and his grandmother gave it to him... (he will grow out of it eventually and not sure he is going to keep it around for sentimental value). Do you buy a new one that is one of the more popular sizes (and cheaper) but then it is like rewarding him with a new bike, for his carelessness... (but cheaper for mom and dad's wallet). Does he realize where he went wrong, is he remorseful, does he even understand? Awe, to remember being 5 again... highlights yes, feelings I do not remember at that age. Of all people, the biggest disciplinarian in his life, his dad, probably came out with the softest heart... He was able to order the part from the bike manufacturer, for cheaper than we were quoted anywhere else... it is on it's way- and hopefully it will fix it enough that Paxton can enjoy hundreds of more hours of ride time with it. Was fixing it the right thing to do? We may never know. I will tell you however, we will probably never find his bike or any future bike will be run over from his carelessness again. .