1. Which of the following would be considered a capital expenditure? a. The purchase of gasoline to be used this month in a delivery truck. b. The painting of a company name and logo on a newly purchased delivery truck at a cost of $1,000 c. The cost of painting a delivery truck that has been used for 5 years at a cost of $1,000. d. The purchase of a new battery for a 3 year old delivery truck at a cost of $100. e. The cost to install an elevator in a 10-year old building to make it ADA compliant, ($15,000) f. The purchase of mops and buckets for the maintenance department for $25. 2. Gregson Manufacturing recently purchased a computing system for their company to process orders and schedule work. Gregson had the following costs related to the purchase and installation of the computer system. Gregson paid for all of these costs in cash on the day that they purchased the system. Cost of the computer hardware $47,000 Cost of the computer software $40,000 Sales tax on the purchase $2,400 Cost to install hardware $5,000 Cost to train workers to initially use the computer $10,000 Cost of a 1 year maintenance plan to fix anything that goes wrong in the first year. $5,000 Required Determine the amount that will be debited to the Computer System asset account for the above purchase