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What is the total book value of the truck

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Question - On December 21, 2024, Pragmatic Supplies purchased a new truck for the business. The amount paid equals $61,500. Other expenses relating to this asset:

Improvement or cost: Cost

High Performance Engine $5,110

Body Reinforcements $9,450

Insurance $2,507

Required - What is the total book value of the truck?

Reference no: EM133189984

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