Answer:
$46,100
Explanation:
Given costs are;
cash price = $43,000
Accident insurance = $4,200
Sales taxes = $3,100
motor vehicle license = $100
painting and lettering = $400
The cost to be included as the cost for the truck are all the cost required to bring the truck to a state where it is available for use.
From the given costs, these cost are cash price and Sales taxes. Others are to be expensed.
Cost of truck = $43,000 + $3,100
= $46,100
