Waterway Industries 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 $210000 $387000 Accumulated depreciation 94000 -0- Annual operating costs 300000 246000 If the old equipment is replaced now, it can be sold for $40000. Both the old equipment's remaining useful life and the new equipment's useful life is 5 years. The net advantage (disadvantage) of replacing the old equipment with the new equipment is $(90000) O $40000 O $(77000) O $94000