Sunland Company 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 $85000. Both the old equipment's remaining useful life and the new equipment's useful life is 5 years. The increase (decrease) in net income over the 5 -year period that results from replacing the old equipment with the new equipment is $(99000)$124800 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. The increase (decrease) in net income over the 5-year period that results from replacing the old equipment with the new equipment $(99000)$124800$85000$(22000)