Assignment Problem: Bens Asphalt purchased a delivery truck. The total cash payment was 45042.
Negotiated purchase price
|
$37,200
|
Installation of special shelving
|
2,380
|
Painting and lettering
|
700
|
Motor vehicle license
|
190
|
Two-year insurance policy
|
2,340
|
Sales tax
|
2,232
|
Total paid
|
$45,042
|
Required - Calculate the cost of the delivery truck? Please explain which formula you use.
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