The management of MegaFarms Inc. had a disagreement in the monthly meeting about their first hemp crop. A year ago, the company purchased specialized wheat harvesting equipment for $350,000 but heavy rains kept them from planting. For that reason, the equipment is still in the plastic wrapping it was delivered in - completely unused. Though they didn't use the equipment last year MegaFarms was still able to deduct $100,000 in depreciation making the current book value $250,000. The company is especially anxious to grow hemp because no one will buy the highly specialized harvesting equipment and some Mega managers argue it's irresponsible to let the equipment set, they should put it to use. The CFO has asked you to estimate NPV for the hemp project. What value should you assign to the specialized harvesting equipment.

Group of answer choices

$250,000

$350,000

$100,000

0