Question

Swifty Corporation incurs these expenditures in purchasing a truck: cash price $29,000, accident insurance (during use) $3,900, sales taxes $4,400, motor vehicle license $200, and painting and lettering $1,700. What is the cost of the truck?

Answer 1

Answer:

Cash price $57,620

+ Sales taxes $4,660

+ Painting and lettering $290

The cost of the truck $62,570

Explanation:

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