Question

kathys blooms purchased a delivery van for $40,000. the company was given a $4,000 cash discount by the dealer, and paid $2,000 sales tax. annual insurance on the van is $1,000. as a result of the purchase, by how much will kathys blooms increase its van account?

a.$40,000

b.$36,000

c.$39,000

d.$38,000

Answer

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