Pinetop Company is considering replacing equipment with a cost of $30,000; accumulated depreciation of $19,000; and a 2-year remaining useful life. The new equipment has a cost of $41,400 and a useful We of 6 years. The seller has offered a trade-in allowance of S7,800. The new equipment is much more efficient. Pinetop projects cost savings of $0,700 per year of the new equipment is purchased. Which of the following is not relevant in deciding whether to retain or replace equipment? Cont savings Cost of new equipment Book value of existing equipment Trade-in allowance of existing equipment