Respuesta :
Answer:
$27,310
Explanation:
The computation of the cost of the truck is shown below:
= Purchase value of the truck + sales taxes + painting and lettering costs
= $22,970 + $1,720 + $2,620
= $27,310
The accident insurance and the motor vehicle license are not included in the cost of the truck computation because these are the yearly costs that are not considered for the computation part. Hence, it would be ignored
Answer:answer is $27,310
Explanation:
Cost attributable to the truck at the point of purchase will be
Cash price + Sales tax + Cost of painting and lettering
22,970, + 1,720 + 2,620
= $27,310
However, The cost of accident insurance and motor vehicle license are the expenditure incurred on the truck after the truck had been purchased, it will not form part of the cost of purchasing the truck.
