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Yeah, try running an OS off a disc/usb/etc. to verify it's actually the hardware causing the problem.
If it is the hardware, both of your options are very unfortunate. A new computer can be had for less than $850, and you can even run OSX on it if you'd like. As for the cost of a motherboard from that website, keep in mind that's incredibly expensive. You can get a fantastic enterprise level, has everything, supports so much RAM a new car would be cheaper motherboard for about two thirds that much money.
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