All-Rite Sold $133,500 in Used Equipment in 2018 and Replaced

All-Rite sold $133,500 in used equipment in 2018 and replaced it with $212,000 of new equipment. Depreciation for 2018 and $12,500. What is the net capital spending for 2018?

A) $66,000
B) $78,500
C) $91,000
D) $199,500
E) $212,000