Problem: Module 6 Textbook Problem 9 Learning Objective: 6-5 Make appropriate asset replacement decisions Perez Freight Company owns a truck that cost $43,000. Currently, the truck's book value is $23,000, and its expected remaining useful ife is four years. Perez has the opportunity to purchase for $29,400 a replacement truck that is extremely fuel efficient. Fuel cost for the old truck is expected to be $5,600 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 $20.000. 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? Problem: Module 6 Textbook Problem 9 Leorning Objective: 6-5 Make oppropriate asset replacement decisions Perez Freight Company owns a truck that cost $43,000. Currently. the truck's book value is $23,000, and its expected remaining useful life is four years. Perez has the opportunity to purchase for $29,400 a replacement truck that is extremely fuel efficient. Fuel cost for the old truck is expected to be $5,600 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 $20,000. 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