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Cullumber Company purchases a new delivery truck for $78000. The sales taxes are $2900. The logo of the company is painted on the side of

Cullumber Company purchases a new delivery truck for $78000. The sales taxes are $2900. The logo of the company is painted on the side of the truck for $1600. The truck's annual license is $120. The truck undergoes safety testing for $240. What does Cullumber record as the cost of the new truck?

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