2 point Question 1.13 When a long-lived asset is acquired costs such as purchase costs, legal fees, appraisal fees, and transportation costs should be capitalized O True False * Question 1.14 2 points A transportation company replaces the engine in one of its trucks. This expenditure should be capitalized. O True False Question 1.15 Acquisition cost less accumulated depreciation equals book value. 2 points O True False