Illustrate what does arnold record as the cost of new truck

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Reference no: EM13126918

Q. Arnold Company purchases a new delivery truck for $35,000. The sales taxes are $2,000. The logo of the company is painted on the side of the truck for $1,200. The truck's annual license is $120. The truck undergoes safety testing for $220. Illustrate what does Arnold record as the cost of the new truck?

Reference no: EM13126918

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