Multiple Choice
Schrock Company purchases a new delivery van for $70,000.The sales taxes are $5,250.The logo of the company is painted on the side of the van for $1,400.The van's annual license is $140.The van undergoes safety testing for $250.What does Schrock record as the cost of the new van?
A) $77,040
B) $76,900
C) $75,250
D) $76,650
Correct Answer:
Verified
Correct Answer:
Verified
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