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

	Old Machine	New Machine
Price	$292000	$592000
Accumulated Depreciation	87600	-0-
Remaining useful life	10 years	-0-
Useful life	-0-	10 years
Annual operating costs	$233600	$173600

If the old machine is replaced, it can be sold for $24000.

The net advantage (disadvantage) of replacing the old machine is

• A.

  $32000

• B.

  $23360

• C.

  $(5920)

• D.

  $(59200)