Determine whether an asset or expense should be charged for the following costs, and state your reasons.

(a) cost of removing two small machines to make way for a larger new machine

(b) cost of repairing a floor damaged when a new machine was dropped while being unloaded

(c) cost of a new calculator, $48

(d) cost of major repairs to equipment (the need for repair was discovered immediately after acquisition, and there is no warranty on the equipment)

AppendixLO1