You Own a House That You Rent for €1,200 a Month.The

You own a house that you rent for €1,200 a month.The maintenance expenses on the house average €200 a month.The house cost €89,000 when you purchased it several years ago.A
Recent appraisal on the house valued it at €210,000.The annual property taxes are €5,000.If you
Sell the house you will incur €20,000 in expenses.You are deciding whether to sell the house or
Convert it for your own use as a professional office.What value should you place on this house
When analyzing the option of using it as a professional office?

A) €89,000
B) €120,000
C) €185,000
D) €190,000
E) €210,000