Question 10 10 pts M Company owns a truck that cost $46.000. Currently, the truck's...
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Question 10 10 pts M Company owns a truck that cost $46.000. Currently, the truck's book value is $23,000, and its expected remaining useful life is four years. M has the opportunity to purchase for $29,600 a replacement truck that is extremely fuel ethicient.Fuel cost for the old truck is expected to be 55.400 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 $13.000. Calculate the relevant cost of keeping the old truck
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