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A company is considering the replacement of a piece of equipment with a newer model. The following data has been collected:Old Equipment New EquipmentPurchase price$

A company is considering the replacement of a piece of equipment with a newer model. The following data has been collected:Old Equipment New EquipmentPurchase price$225,000$375,000Accumulated depreciation90,000-0-Annual operating costs300,000240,000If the old equipment is replaced now, it can be sold for $60,000. Both the old equipment's remaining useful life and the new equipment's useful life is 5 years.The net advantage (disadvantage) of replacing the old equipment with the new equipment is:

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