Vaughn Manufacturing is considering the replacement of a piece of equipment with a newer model. The following data has been collected:

	Old Equipment	New Equipment
Purchase price	$205000	$336000
Accumulated depreciation	82000	- 0 -
Annual operating costs	270000	213000

If the old equipment is replaced now, it can be sold for $55300. Both the old equipments remaining useful life and the new equipments useful life is 5 years. Which of the following amounts is irrelevant to the replacement decision