Oriole Company is contemplating the replacement of an old machine with a new one. The following information has been gathered: Old Machine New Machine Price $306000 $606000 Accumulated Depreciation 91800 -0- Remaining useful life 10 years -0- Useful life -0- 10 years Annual operating costs $244800 $184800 If the old machine is replaced, it can be sold for $24000. The company uses straight-line depreciation with a zero salvage value for all of its assets. The net advantage (disadvantage) of replacing the old machine is

$24480

$(6060)

$(60600)

$18000