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TT Transport purchases a new delivery truck for $80,000. The import duty is $3,...
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TT Transport purchases a new delivery truck for $80,000. The import duty is $3,000. The logo of the company is painted on the side of the truck for $500. The annual truck registration is $700 and a 12-month accident insurance policy is $1,100. The truck undergoes safety testing for $330. How much does TT Transport record as the cost of the new truck?
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