Lake Company purchases a delivery truck for cash of $40,000. Lake also paid $3,000 sales tax; $500 painting to put the company name, logo and contact information on the sides and back of the truck; $100 for the year's license fee and $1,000 for a one year accident insurance policy, What is the cost of the truck? Select one: O a. $43,000 O b. $43,500 O c. $44,600 O d. $40,000