Answer:
$32,200
Explanation:
Given:
Expenditures in purchasing a truck:
Cash price = $29,000
Accident insurance = $4,900
Sales taxes = $2,800
Motor vehicle license = $100
Painting and lettering = $400
Now,
Accidental insurance and vehicle license are not included in cost of truck, because there are yearly costs.
Therefore,
The cost of the truck = Cash price + Sales taxes + Painting and lettering
= $29,000 + $2,800 + $400
= $32,200
