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Basler Ltd. incurs these expenditures in purchasing a truck: invoice price $42,000; installation of a trailer hitch $1,000; one-year accident insurance policy $900; motor vehicle

Basler Ltd. incurs these expenditures in purchasing a truck: invoice price $42,000; installation of a trailer hitch $1,000; one-year accident insurance policy $900; motor vehicle licence $150; painting and lettering $750. What is the cost of the truck

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