Carrot Company is considering whether to replace a piece of equipment with a newer model. The following data have been collected:

Old Equipment	New Equipment
Purchase price	$5,800	$7,800
Accumulated depreciation	$3,100	- 0 -
Annual operating costs	$6,800	$5,200
Remaining useful life	5 years	5 years

If the old equipment is replaced now, it can be sold for $2,600. Both the old equipment and new equipment have a useful life of 5 years.

What is the net advantage (disadvantage) of replacing the old equipment with the new equipment?