A city recently ordered a new fire truck. The base cost of the truck is $250,000. In addition, the city will be paying $1,000 in delivery charges and $5,000 for necessary calibrations once it is delivered; and the city will also have the necessary logos added at a cost $2,500. The capitalizable cost of the fire truck in the General Fund will be
A) $0.
B) $251,000.
C) $256,000.
D) $258,500.
Correct Answer:
Verified
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