Angie's Blooms purchased a delivery van for $40,000. The company was given a $4,000 cash discount by
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Question:
Angie's Blooms purchased a delivery van for $40,000. The company was given a $4,000 cash discount by the dealer, and paid $2,000 sales tax. Annual insurance on the van is $1,000. As a result of the purchase, by how much will Angie's Blooms increase its van account?
$40,000
$36,000
$39,000
$38,000
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