Tony and Suzie see the need for a rugged all-terrain vehicle to transport participants and supplies. They would love to buy a Hummer, but it is just too expensive and too small for their needs, so they settle on a used Suburban. The cost of the Suburban is $13,300. The vehicle is purchased in late June and will be put into use on July 1, 2013. Annual insurance from GEICO runs $1,500 per year. The paint is starting to fade, so they spend an extra $4,800 to repaint the vehicle, placing the Great Adventures logo on the front hood, back, and both sides. An additional $3,700 is spent on a deluxe roof rack and a trailer hitch. They expect to use the Suburban for five years and then sell the vehicle for $5,000.

Record the sale of the vehicle two years later on July 1, 2015, for $8,700.