Olds Company declares Chapter 7 bankruptcy. The following are the book values of the asset and liability accounts at that time. A bankruptcy expert estimates that administrative expense will total $28,000.

Cash	$	40,000
Accounts receivable		76,000	(valued at $44,000)
Inventory		86,000	(valued at $72,000)
Land (secures note A)		216,000	(valued at $176,000)
Building (secures bonds)		416,000	(valued at $352,000)
Equipment		136,000	(value unknown)
Accounts payable		196,000
Taxes payable to government		36,000
Note payable A		202,000
Note payable B		266,000
Bonds payable		316,000

The holders of note payable B want to collect at least $119,700.

To achieve this goal, how much does the company have to receive in the liquidation of its equipment?