Plywood stretching advice...

I'm building a ply-foam-ply sandwich floor on a 4x8 trailer which is actually 49 1/2" wide. I'm looking for suggestions on how to build it 49.5 wide with 48" plywood. I'm not concerned about the foam portion as I can fill an area on each side with lumber. I'd like to avoid buying 5x8 plywood as it is not available in 1/4" thickness and 3/4" is pricey and heavy.
Would you rip the ply down to two 2' sheets and fill in the 1 5/8" void at the center? (Saw kerf plus 1 1/2")
Thanks for your ideas.
Tim
Would you rip the ply down to two 2' sheets and fill in the 1 5/8" void at the center? (Saw kerf plus 1 1/2")
Thanks for your ideas.
Tim