29. What is the formula to compute the book value of an asset? A. The fair value of the asset if the asset is sold. B. The cost of the asset less its accumulated depreciation. C. The cost at which the asset was purchased D. The cost of the asset minus the asset's residual value 30. Which of the following subsequent expenditures would not be capitalized? A. Additions. B. Expenditures that increase the useful life or efficiency of the asset. C. Improvements. D. Ordinary repairs and maintenance