Bramble Corp. is considering the replacement of a piece of equipment with a newer model. The following data has been collected:

	Old Equipment		New Equipment
Purchase price	$192000		$320000
Accumulated depreciation	76800		- 0 -
Annual operating costs	255000		222000

If the old equipment is replaced now, it can be sold for $52600. Both the old equipments remaining useful life and the new equipments useful life is 5 years. The company uses straight-line depreciation with a zero salvage value for all of its assets. The net advantage (disadvantage) of replacing the old equipment with the new equipment is

$(63000)

$76800`

$52600

$(11400)