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Blossom Company incurs these expenditures in purchasing a truck: cash price $23,200, accident insurance (during use) $2,050, sales taxes $1,044, motor vehicle license $540, and
Blossom Company incurs these expenditures in purchasing a truck: cash price $23,200, accident insurance (during use) $2,050, sales taxes $1,044, motor vehicle license $540, and painting and lettering $1,990. What is the cost of the truck?
Cost of the truck
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