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Your answer is incorrect. Cullumber Company incurs these expenditures in purchasing a truck: cash price $23,600, accident insurance (during use) $2,310, sales taxes $1,062,

Your answer is incorrect. Cullumber Company incurs these expenditures in purchasing a truck: cash price $23,600, accident insurance (during use) $2,310, sales taxes $1,062, motor vehicle license $690, and painting and lettering $2,040.

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