I admire your devotion to the concept of friendship. Too bad your friend doesn't (or cannot, due to drug-induced brain damage) share your devotion. Now that you're committed (and have pretty much "lost" your boat) you are stuck, so you have to see it through. Therefore: this is a test of your devotion to the concept. How much of your stuff and your time will you give up for your friend in need? Answer: half, but no more.
Until you're married, that is. Then "she who must be obeyed" will decide such things for you.
Think of it as an investment; some day your buddy will be "up" and you'll be "down", and he'll help you. Maybe when you're old and really need it.
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