Aaron's Paint Paid $412,000,in Cash,for a Piece of Equipment 3

Aaron's Paint paid $412,000,in cash,for a piece of equipment 3 years ago.Last year,the company spent $28,000 on equipment upgrades.The equipment is being depreciated using the straight-line method over seven years.The company no longer uses this equipment in its current operations and has received an offer of $164,000 from a firm that would like to purchase it.If the company should decide to use this equipment in an upcoming project,what cost,if any,should be assigned to the project for this equipment?

A) $0
B) $192,000
C) $164,000
D) $259,429
E) $423,429