Truck #1 has a list price of $29,550 and is acquired for a cash payment of $27,383.
2.		Truck #2 has a list price of $31,520 and is acquired for a down payment of $3,940 cash and a zero-interest-bearing note with a face amount of $27,580. The note is due April 1, 2018. Vaughn would normally have to pay interest at a rate of 9% for such a borrowing, and the dealership has an incremental borrowing rate of 8%.
3.		Truck #3 has a list price of $31,520. It is acquired in exchange for a computer system that Vaughn carries in inventory. The computer system cost $23,640 and is normally sold by Vaughn for $29,944. Vaughn uses a perpetual inventory system.
4.		Truck #4 has a list price of $27,580. It is acquired in exchange for 920 shares of common stock in Vaughn Corporation. The stock has a par value per share of $10 and a market price of $13 per share.