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7 Perez Freight Company owns a truck that cost $40.000. Currently, the truck's book value is $24,000, and its expected remaining useful life is five

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7 Perez Freight Company owns a truck that cost $40.000. Currently, the truck's book value is $24,000, and its expected remaining useful life is five years. Perez has the opportunity to purchase for $29.700 a replacement truck that is extremely fuel efficient. Fuel cost for the old truck is expected to be $6.100 per year more than fuel cost for the new truck. The old truck is paid for but in spite of being in good condition can be sold for only $15.000 Required Calculate the total relevant costs. Should Perez replace the old truck with the new fuel-efficient model or should it continue to use the old truck until it wears out? 8 po look Keep Old Replace with New Pin Total relevant costs Should Perez replace or continue the old truck? were

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