Engler Company purchases a new delivery truck for $45,000. The sales taxes are $3,000. The logo of the company is painted on the side of the truck for $1,200. The truck license is $120. The truck undergoes safety testing for $220. What does Engler record as the cost of the new truck?
A) $49,540
B) $49,420
C) $48,000
D) $47,420
Correct Answer:
Verified
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