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Spring Company, a traditional department store that has just started to run an online website in an effort to remain competitive in the retail industry,
Spring Company, a traditional department store that has just started to run an online website in an effort to remain competitive in the retail industry, purchased a delivery truck at a cash price of $25,000. Related expenditures included sales taxes applicable at 10% of the purchase price, painting and lettering of $500, and a 3-year accident insurance policy of $2,000. a. Please compute the cost of the delivery truck. _________
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