John's 8−year−old Chevrolet Trail Blazer requires repairs estimated at $6,000 to make it road worthy again. His wife, Sherry, suggested that he should buy a 5−year−old used Jeep Grand Cherokee instead for $6,000 cash. Nick estimated the following costs for the two cars: Trail Blazer Grand Cherokee Acquisition cost $26,000 $6,000 Repairs $6,000 — Annual operating costs (Gas, maintenance, insurance) $2,680 $1,700 What should John do? What are his savings in the first year? Question 3 options: Fix the Trail Blazer; $3,980 Buy the Grand Cherokee; $7,700 Buy the Grand Cherokee; $ 980 Fix the Trail Blazer; $680