Should I save my Tacoma ?

My 04 Tacoma with 240000 miles just started smoking - can anyone identify this part? I'm guessing it's a pump. I'm attachng pictures.

 

Subbed for pics.

 

Thats the AC compressor

 

Of course you should save it!
Looks like ac compressor clutch went out, pretty sure it's a serviceable part.

 

If its smoking, mist likely it was the belt. Was it squealing too?

Take the belt off and you can drive the truck just fine.

 

Yes there was a squeal for about 30 seconds then smoke - looked like the belt was still spinning when I opened the hood with the motor running - good to know it's the AC and not something like the water pump - thanks!!!!

 

The AC compressor clutch assembly probaly locked up.