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Stuart Freight Company owns a truck that cost $39,000. Currently, the truck's book value is $26,000, and its expected remaining useful life is four years.

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Stuart Freight Company owns a truck that cost $39,000. Currently, the truck's book value is $26,000, and its expected remaining useful life is four years. Stuart has the opportunity to purchase for $20,000 a replacement truck that is extremely fuel efficient. Fuel cost for the old truck is expected to be $5,100 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 $18,000. Required Calculate the total relevant costs. Should Stuart 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 Total relevant costs $ 25,500 $ 8,000 X Should Stuart replace or continue with the old truck? Replace the old truck o

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