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Tolbert Company incurs these expenditures in purchasing a truck: cash price $26,880; accident insurance (during use) $1,880; sales taxes $1,980; motor vehicle license $641; and
Tolbert Company incurs these expenditures in purchasing a truck: cash price $26,880; accident insurance (during use) $1,880; sales taxes $1,980; motor vehicle license $641; and painting and lettering $2,790. What is the cost of the truck?
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