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Crane Ltd. incurs these expenditures in purchasing a truck invoice price $38,930; installation of a trailer hitch $980; one-year accident insurance policy $836; motor vehicle

Crane Ltd. incurs these expenditures in purchasing a truck invoice price $38,930; installation of a trailer hitch $980; one-year accident insurance policy $836; motor vehicle licence $162; painting and lettering $776. What is the cost of the truck? Cost of the truck $

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