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Mr. Cobbina recently acquired an Hyundai Grace H100 through an auction which was conducted on the As Is Where Is basis. He subsequently spent the

Mr. Cobbina recently acquired an Hyundai Grace H100 through an auction which was conducted on the As Is Where Is basis. He subsequently spent the following in bringing the car onto the road: Refitting of the engine 4,100 Set of tyres 720 Insurance 470 Road worthy Certificate 150 Income Tax 60 DVLA Yellow tape 100 Calculate the cost of the Hyundai Grace H100 in accordance with the measurement of costs of assets.

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