Jose purchased a delivery van for his business through an online auction. His winning bid for the van was $46,250. In addition, Jose incurred the following expenses before using the van: shipping costs of $1,170; paint to match the other fleet vehicles at a cost of $1,320; registration costs of $3,924, which included $3,700 of sales tax and a registration fee of $224; wash and detailing for $148; and an engine tune-up for $280. What is Joses cost basis for the delivery van?