Smith Cafe paid $339,000. In cash, for a piece of equipment 4 years ago. At the beginning of last year, the company spent $51,000 to update the equipment with the latest technology The company no longer uses this equipment in its current operations and has received an offer of $119.000 from a firm that would like to purchase it. The company is debating whether to sell the equipment or to expand its operations so that the equipment can be used. The expansion project however, require the company to pay $18.006 in equipment modification. When evaluating the expansion option. what value, if any, should the firm assign to this equipment as an initial cost of the project? O A $170,000 O B. 5119.000 OC 5137.000 O D. 5188.000