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Swifty Company incurs the following expenditures in purchasing a truck: cash price $38,000, accident insurance...

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Accounting

image Swifty Company incurs the following expenditures in purchasing a truck: cash price $38,000, accident insurance (during use) $2,500, sales taxes $1,800, motor vehicle license $195, and painting and lettering $495. What is the cost of the truck? Cost of the truck $

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