First off the loader should not be there. Limited usefullness, and adds weight to the front end..
I don't think a $125K tractor will be salvaged. Transmission housing looks ok (it broke outside of the final drives away from the trans housing), an axle housing, the planetary final drive, and an axle would catch most of this. Say $15K for the parts, and 2 X this for labor, or $45K would do most of this repair. About half the value of the tractor.
It could be torn down and sold for parts, but I doubt it would be economical or timely to recover costs that way.. Scrap, no way....
Some one will buy it cheap and fix it up, I think. Mike your on for that beer!
Regards, Kirk