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Crane Company buys a delivery van with a list price of $55000. The dealer grants a 12% reduction in list price and an additional 1%

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Crane Company buys a delivery van with a list price of $55000. The dealer grants a 12% reduction in list price and an additional 1% cash discount on the net price if payment is made in 30 days. Sales taxes amount to $750 and the company paid an extra $650 to have a special device installed. What should be the recorded cost of the van? O $49316 O $48666 O $47916, $49302

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