Tiew Policies Current Attempt in Progress Teal Mountain is considering the replacement of a piece of equipment with a newer model. The following data has been collected: Old Equipment $270000 New Equipment $450000 Purchase price Accumulated depreciation Annual operating costs 108000 0- 360000 288000 If the old equipment is replaced now, it can be sold for $72000. Both the old equipment's remaining useful life and the new equipment's useful life is 5 years. For this question only, assume that six months ago Chung's equipment manager spent $36000 refurbishing the old equipment Additionally, the equipment manager has determined that the new equipment can be rented out during idle periods to generate $2160 per year. Using this new information, what is the total cash flow associated with replacing the equipment? ($367200) ($54000) ($378000) ($403200)