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Cullumber Company purchases a new delivery van for $62000. The sales taxes are $4500. The...

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Accounting

Cullumber Company purchases a new delivery van for $62000. The sales taxes are $4500. The logo of the company is painted on the side of the van for $1400. The vans annual license is $170. The van undergoes safety testing for $240. What does Cullumber record as the cost of the new van?

$67890.

$68140.

$68310.

$66500.

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