27. Peter Property acquired a vacant building on June 30,2022 . In July, 2022, Peter incurs $20,000 for restoration, routine repairs and maintenance including, $4,000 to patch holes in walls, $5,000 for painting hallways, and $11,000 for restoring floors to its original condition. The property is placed in service on August 15,2020 . How should the taxpayer treat these costs? a. All the costs may be deducted b. Only $4,000 for the patching of holes in the walls may be expensed; the balance will need to capitalized as part of cost of the building. c. Only $5,000 for the painting of the hallways may be expensed; the balance will need capitalized as part of cost of the building. d. Only the $11,000 for floor restoration will need to be capitalized. e. All the costs must be capitalized