Sheridan Company is contemplating the replacement of an old machine with a new one. The following information has been gathered: Old Machine New Machine $380000 $760000 Price Accumulated 114000 -0- Depreciation Remaining useful life 10 years -0- Useful life -0- 10 years Annual operating $305000 $228000 costs If the old machine is replaced, it can be sold for $30400. 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 $(7600) $40400 $(76000) $30500 Coronado Industries uses a 35% material loading charge and a labor rate of $15 per hour. How much will be charged on a job that requires 3.5 hours of work and $30 of materials? $63.00 $82.50 $93.00 $104.25