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Coronado Industries 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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Coronado Industries 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 $55200. Both the old equipment's remaining useful life and the new equipment's useful life is 5 years. The company uses straight-line depreciation with a zero salvage value for all of its assets. For the 5-year period, what is the increase or decrease in net income associated with the new equipment? $(13800)$(69000)$82800$55200

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