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Oriole Company buys a delivery van with a list price of $65000. The dealer grants a 14% reduction in list price and an additional 1%

image text in transcribed Oriole Company buys a delivery van with a list price of $65000. The dealer grants a 14% reduction in list price and an additional 1% cash discount on the net price if payment is made in 30 days. Sales taxes amount to $870 and the company paid an extra $770 to have a special device installed. What should be the recorded cost of the van? $55341.$56211.$56981.$56965

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