Concord Corporation is considering the replacement of a piece of equipment with a newer model. The following data has been collected: Old Equipment $275000 110000 New Equipment $448000 Purchase price Accumulated depreciation Annual operating costs -0- 361000 283000 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. Which of the following amounts is irrelevant to the replacement decision? $373800 $448000 $74200 $165000