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 Accumulated depreciation 90,000 Annual operating costs 300,000 $375,000 -0- 252,000 If 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: $60,000 $90,000 $(15,000) O $(75,000)