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Tolbert Company incurs these expenditures in purchasing a truck: cash price $20,260; accident insurance (during use) $2,130; sales taxes $1,120; motor vehicle license $321; and

Tolbert Company incurs these expenditures in purchasing a truck: cash price $20,260; accident insurance (during use) $2,130; sales taxes $1,120; motor vehicle license $321; and painting and lettering $1,730.

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