Purchase price Accumulated depreciation Annual operating costs Old Equipment $315000 126000 O $422000 O $197000 O $98000 O $512000 413000 What is the net cost of the new equipment? New Equipment $512000 -0- 323000 If the old equipment is replaced now, it can be sold for $85000. Both the old equipment's remaining useful life and the new equipment's useful life is 5 years. ing data Has bee Mu Qu Mu QL Mul Qu Mult Que Acco Vie Mult Que Multip

If the old equipment is replaced now, it can be sold for $85000. Both the old equipment's remaining useful life and the new equipment's useful life is 5 years. What is the net cost of the new equipment? $422000 $197000 $98000 $512000