11. The "Work of Art" currently produces art games for elderly people in Lexington, Kentucky. The company is considering expanding its operations to a younger audience. The expansion would require the use of land the firm purchased three years ago at $400,000 and with a current market value of $209,500. The expansion requires additional equipment that the company doesn't have and costs $139,000. What is the value of the opportunity costs? (a) $400,000 (b) $209,500 (c) $539,000 (d) $348,500