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What is the cost of the delivery truck

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Question - A company incurred the following costs for a new delivery truck:

Purchase price $140,000

Sales tax 6,200

Delivery charge from seller's location 1,200

Special racks for storage 3,000

Normal repairs to the truck before it was used for the first time 1,100

Signs painted on the truck 2,000

Insurance on truck before it was used for the first time 3,000

Required - What is the cost of the delivery truck?

Reference no: EM132456031

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