Evergreen Logistics incurred the following costs for a new delivery truck: Item Amount ($) Purchase price $120,000 Sales tax $6,600 Delivery charge from seller's location $1,800 Special racks for storage $2,500 Normal repairs to the truck before use $1,200 Signs painted on the truck $1,700 Insurance on the truck before first use $2,800 What is the total cost of the delivery truck? A. $133,100 B. $136,600 C. $134,600 D. $135,400

Evergreen Logistics incurred the following costs for a new delivery truck: Item Amount ($) Purchase price $120,000 Sales tax $6,600 Delivery charge from seller's location $1,800 Special racks for storage $2,500 Normal repairs to the truck before use $1,200 Signs painted on the truck $1,700 Insurance on the truck before first use $2,800 What is the total cost of the delivery truck? A. $133,100 B. $136,600 C. $134,600 D. $135,400

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter11: Long-term Assets

Section: Chapter Questions

Problem 9EB: Ronson recently purchased a new boat to help ship product overseas. The following information is...

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