Kathy's Blooms Purchased a Delivery Van with a $60,000 List

question 104

Multiple Choice

Kathy's Blooms purchased a delivery van with a $60,000 list price.The company was given a $6,000 cash discount by the dealer and paid $3,000 sales tax.Annual insurance on the van is $1,500.As a result of the purchase, by how much will Kathy's Blooms increase its van account?

• A)$60,000
• B)$54,000
• C)$58,500
• D)$57,000

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