Short Problem 17 Farmdale Company's President purchased an extremely used automobile on November 1 by paying $2.000. He immediately had it towed to his mechanic who overhauled the auto in order to get the car ready to be safely driven. The cost of the tow was $40 and the initial overhaul was $1,500. While driving from his mechanic's garage, he ran over a nail that punctured a tire and cost $35 to repair Calculate the cost of the auto, Cost of the autos