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Determine what is the cost of the truck

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Reference no: EM132676526

Cullumber Company incurs these expenditures in purchasing a truck:

cash price $23,630,

accident insurance (during use) $2,310,

sales taxes $1,440,

motor vehicle license $690, and

painting and lettering $2,040.

Problem 1: What is the cost of the truck?

Reference no: EM132676526

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