Business, 26.11.2019 00:31 brandiwingard

Jose purchased a delivery van for his business through an online auction. his winning bid for the van was $40,250. in addition, jose incurred the following expenses before using the van: shipping costs of $1,030; paint to match the other fleet vehicles at a cost of $1,620; registration costs of $3,376, which included $3,100 of sales tax and a registration fee of $276; wash and detailing for $124; and an engine tune-up for $290.

what is jose's cost basis for the delivery van?

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Jose purchased a delivery van for his business through an online auction. his winning bid for the va...