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Jose purchased a delivery van for his business through an online auction. His winning bid for the van was $27.250. In addition, Jose incurred the

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Jose purchased a delivery van for his business through an online auction. His winning bid for the van was $27.250. In addition, Jose incurred the following expenses before using the van: shipping costs of $840; paint to match the other fleet vehicles at a cost of $1,800, registration costs of $4,488, which included $4,200 of sales tax and an annual registration fee of $288; wash and detailing for $87, and routine maintenance for $337. What is Jose's cost basis for the delivery van? Cost basis A cer

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