John purchases a truck for his hardware business in Utah. The price of the truck $18,000. The truck is located in Alabama so John must pay $1,000 to ship the truck up to Utah. When John registered the car for the first time, he paid $1,150 of tax for the purchase of the truck and his annual registration fees of $100. John also took the truck to an auto paint shop where he paid $500 to get his company logo painted on the side.

What is value that the truck is recorded on John's books?

Question 1 options:

	18,000
	19,000
	20,050
	20,650
	20,750