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Ivanhoe Company incurs these expenditures in purchasing a truck: cash price $30,000, accident insurance (during use) $1,500, sales taxes $1,350, motor vehicle license $600, and

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Ivanhoe Company incurs these expenditures in purchasing a truck: cash price $30,000, accident insurance (during use) $1,500, sales taxes $1,350, motor vehicle license $600, and painting and lettering $1,790. What is the cost of the truck? Cost of the truck

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