Question: ment CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT H Multiple Choice Question 91 On January 1, 2017, Chicago Furniture purchases a new delivery truck.

ment CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT H Multiple Choice Question

ment CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT H Multiple Choice Question 91 On January 1, 2017, Chicago Furniture purchases a new delivery truck. The company pays $80,000 for the truck, sales taxes of $4,500, and delivery costs of $2,300. Chicago Furniture pays a local vendor $4,800 to paint the company's name and logo on the side of the truck. The company also pays $16,000 for an annual insurance policy and $1,700 for a motor vehicle license. At what amount will Chicago Furniture record the truck on its statement of financial position at January1, 2017? $87,100 $80,000 $91,600 $109,300 DELL Question Attempts: 0 of 1 used SAVE FOR LATER SUBMIT ANSWER 08:02 ENG 1-11/-/-

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