Solomon Freight Company owns a truck that cost $32,000. Currently, the truck's book value is $21,000, and its expected remaining useful life is five years. Solomon has the opportunity to purchase for $24,000 a replacement truck that is extremely fuel efficient. Fuel cost for the old truck is expected to be $5,800 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 $16,000. Required Calculate the total relevant costs. Should Solomon replace the old truck with the new fuel-efficient model, or should it continue to use the old truck until it wears out? & Answer is complete but not entirely correct. Keep Old Replace With New $ 37,000 X Total relevant costs $ 0 Should Solomon replace or continue the old truck? Continue to use the old truck