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Concord Corporation is considering the replacement of a piece of equipment with a newer model. The following data has been collected: If the old equipment

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Concord Corporation 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 $74200. Both the old equipment's remaining useful life and the new equipment's useful life is 5 years. The increase (decreasel in net income over the 5 year period that results from replacing the old cquipment with the new equipment is \begin{tabular}{|} \hline 108800 \\ $(28800) \\ $(87000) \\ $74200 \end{tabular}

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