A new vehicle was purchased on 1 September 2023. The details of amounts paid include: Purchase price $44,000, including GST Registration $700 plus GST $70 Insurance $1,500, plus $150 GST Delivery costs $1,200, plus $120 GST The vehicle was expected to have a life of 4 years in the business after which time it was expected it could be sold for $5,000 For accounting purposes how much would be recorded as the cost for the purchase of this vehicle?