Bonita Industries is considering the replacement of a piece of equipment with a newer model. The following data has been collected: Purchase price Accumulated depreciation Annual operating costs Old Equipment O $118000 O $(70000) O $30000 O $(46000) $230000 118000 300000 New Equipment $376000 -0- 240000 If the old equipment is replaced now, it can be sold for $30000. Both the old equipment's remaining useful life and the new equipment's useful life is 5 years. Both assets have a $0 end-of-life salvage value. The net advantage (disadvantage) of replacing the old equipment with the new equipment is

Bonita Industries is considering the replacement of a piece of equipment with a newer model. The following data has been collected: If the old equipment is replaced now, it can be sold for $30000, Both the old equipment's remaining unefullife and the new equipment's useful hfe is 5 years. Both assets have a so end-od-life salvage value. The net advantage (disadyantage) of rephacing the old equipment with the new equipnent is $118000$(70000)$30000$146000