15 goiasdban DO IT! 9.1 (LO 1), C Hummer Company purchased a delivery truck. The total cash payment was $30,020, including the following items. Negotiated purchase price Installation of special shelving Painting and lettering Motor vehicle license capi Two-year insurance policy Sales tax Total paid Explain how each of these costs would be accounted for. YJAUNel no OS $24,000 1,100 900 180 2,400 1,440 $30,020 16 adm

DO IT! 9.1 (LO 1), C Hummer Company purchased a delivery truck. The total cash payment was $30,020, including the following items. Explain how each of these costs would be accounted for