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  3. 1. on january 1, 2021, tesco company purchases a n

1. On January 1, 2021, Tesco company purchases a new delivery truck. The company pays...

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Accounting

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1. On January 1, 2021, Tesco company purchases a new delivery truck. The company pays $100,000 for the truck, sales taxes of $4,500, and delivery costs of $2,300. Tesco pays a local vendor $5,000 to paint the company's name and logo on the side of the truck. The company also pays $20,000 for an annual insurance policy and $2,000 for a motor vehicle license. At what amount will Tesco company record the truck on its statement of financial position on January 1, 2021?* (1 Point) 0 $100,000 $111.800 591.600 $109.300

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