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Tolbert Company incurs these expenditures in purchasing a truck: cash price $24,300; accident insurance (during use) $2,500; sales taxes $1,220; motor vehicle license $510; and

Tolbert Company incurs these expenditures in purchasing a truck: cash price $24,300; accident insurance (during use) $2,500; sales taxes $1,220; motor vehicle license $510; and painting and lettering $1,850. What is the cost of the truck?

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