Question

a new delivery truck for $54200?The sales taxes are $4400. The logo of the company is painted on the side of the truck for $1600. The truck icense is $170. The truck undergoes safety testing for $350. What does Marigold record as the cost of the new truck? $60550 $60200 $60720
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Answer #1
Particulars $
Purchase cost 54200
Add: Sales Tax 4400
Add: Painting cost 1600
Add: Safety testing costs 350
Cost of New Truck 60550
Therefore, the right answer is option (a) $ 60550
Truck license cost should not be included as it is recurring in nature
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