Riley Holdings Corp. incurred the following expenditures: $3,100 cost to replace the transmission in a company-owned vehicle;

Question:

Riley Holdings Corp. incurred the following expenditures: $3,100 cost to replace the transmission in a company-owned vehicle; $16,400 cost of annual property insurance on the company’s production facilities; $13,800 cost to develop and register a design patent; $62,200 cost to add a security and monitoring system to the company’s center; $400 cost to repair paint damage on a company-owned vehicle caused by normal wear and tear.

Required:
Which, if any, of these expenditures should be capitalized?

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...