Multiple Choice
Arnold Company purchases a new delivery truck for $45,000.The sales taxes are $2,500.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.What does Arnold record as the cost of the new truck?
A) $49,040.
B) $48,920.
C) $47,500.
D) $46,920.
Correct Answer:
Verified
Correct Answer:
Verified
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