Existing Equipment Repl acement Equipment Cost Operating expenses* Salvage value Market value Book value Remaining useful $113,000 110,000 27,000 57,000 31,000 year 6 Cost Operating expenses* Salvage value Useful life S117,ooo 96,000 10,000 6 years The amounts shown for operating expenses are the cumulative total of all such expected expenses to be incurred over the useful life of the equipment. Calculate the total relevant cost of existing equipment and the potential replacement equipments. Old Total Cost: