Scarbrough Company had purchased equipment for $$280,000$ on January $1,$ year $1.$ The equipment had an eight$-$year useful life and a salvage value of $$40,000.$ Scarbrough depreciated the equipment using the straight$-$line method. In August year $4,$ Scarbrough questioned the recoverability of the carrying amount of this equipment. At August $31,$ year $4,$ the expected net future cash inflows $($undiscounted$)$ related to the continued use and eventual disposal of the equipment total $$175,000.$ The equipment's fair value on August $31,$ year $4,$ is $$150,000.$ After any loss on impairment has been recognized, what is the carrying value of Scarbrough's equipment as of August $31,$ year $4?$