Chung Inc. 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 $225.000 $375,000 Accumulated depreciation 90,000 -0 Annual operating costs 300,000 240,000 the old equipment is replaced now, it can be sold for $60,000. Both the old equipment's remaining selle and the new equipments useful te is 5 years The net advantage disadvantage of replacing the old equipment with the new equipment is 500,000 ${15,000 $(75,000 $90,000