a) On the 1 March 2021 the owner of Petes Plumbing services purchased a new van for $30,500 which included annual registration costs of $500. Peter had a tool chest and side racks for ladders installed for a total cost of $7,000. He paid an additional $1,000 to a signwriter to paint the business's name on the side of the van. What cost figure should be attached to the new van? Which cost(s) should not be included in the cost of the new van?