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25 Bilady company purchased a delivery van for $70,000. The company was given a $6,000 cash discount by the dealer, and paid $3,000 sales tax.

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25 Bilady company purchased a delivery van for $70,000. The company was given a $6,000 cash discount by the dealer, and paid $3,000 sales tax. Annual insurance on the van is $800. As a result of the purchase, by how much will Bilady company increase its equipments account? d out of Select one: O $67,000 O $70,000 O $64,000 O $73,800

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