TB MC Qu$.11-85($Algo$)$ The Tolar Corporation has...

The Tolar Corporation has $500$ obsolete desk calculators that are carried in inventory at a total cost of $$720,000.$ If these calculators are upgraded at a total cost of $$110,000,$ they can be sold for a total of $$170,000.$ As an alternative, the calculators can be sold in their present condition for $$50,000.$

What is the financial advantage $($disadvantage$)$ to the company from upgrading the calculators?

Multiple Choice

$$120,000$

$($$$670,000)$

$$10,000$

$($$$60,000)$