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Solomon Freight Company owns a truck that cost $49,000 Currently, the truck's book value is $22.000 and 6 send remaining useful life is four years.

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Solomon Freight Company owns a truck that cost $49,000 Currently, the truck's book value is $22.000 and 6 send remaining useful life is four years. Solomon has the opportunity to purchase for $30.700 replacement truck that's extremely fuel efficient. Fuel cost for the old truck is expected to be 56.000 per year more than foetcost for the sew truc The old truck is paid for but, in spite of being in good condition, can be sold for only $19.000 Required Calculate the total relevant costs. Should Solomon replace the old truck with the new fuel efficient modet or should continue to use the old truck until it wears out? Total relevant costs Should Solomon replace or continue the old truck? Keep Old Replace Ne 12.3000 Replace the old truck

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