Concord Corporation is contemplating the replacement of an old machine with a new one. The following information has been gathered:

	Old Machine		New Machine
Price	$340000		$580000
Accumulated Depreciation	90000		-0-
Remaining useful life	10 years		-0-
Useful life	-0-		10 years
Annual operating costs	$260000		$182600

If the old machine is replaced, it can be sold for $24000. The net advantage (disadvantage) of replacing the old machine is

$(58000)

$26000

$218000

$(5800)