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What does Engler record as the cost of the new truck

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Question - Engler Company purchases a new delivery truck for $55,000. The sales taxes are $4,000. The logo of the company is painted on the side of the truck for $1,600. The truck license is $160. The truck undergoes safety testing for $290. What does Engler record as the cost of the new truck?

a. $60,600

b. $60,890

c. $59,000

d. $61,050

Reference no: EM133040400

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