Question

jose purchased a delivery van for his business through an online auction. his winning bid for the van was $35,750. in addition, jose incurred the following expenses before using the van: shipping costs of $1,240; paint to match the other fleet vehicles at a cost of $1,630; registration costs of $5,088, which included $4,850 of sales tax and an annual registration fee of $238; wash and detailing for $104; and an engine tune-up for $326.

Answer 1

The total cost of acquiring and preparing the delivery van for Jose's business is $44,138, calculated by adding the winning bid to all subsequent expenses required before using the van.

Step-by-step explanation:

The student's question is about calculating the total cost of acquiring and preparing a delivery van for use in a business. To determine this, we need to add the winning bid amount to all the additional expenses that Jose incurred. The costs associated with the van include the initial bid, shipping costs, paint, registration (which comprises sales tax and a registration fee), wash and detailing, and an engine tune-up. Calculating the total cost involves a simple arithmetic addition:

• Winning bid: $35,750
• Shipping costs: $1,240
• Paint: $1,630
• Registration costs: $5,088
• Wash and detailing: $104
• Engine tune-up: $326

The total cost is found by summing these amounts:

$35,750 + $1,240 + $1,630 + $5,088 + $104 + $326 = $44,138

Therefore, the total amount spent by Jose on the van before using it for his business is $44,138.