417 Identify the following expenditures as capital expenditures or revenue expendiur a. Immediately after acquiring a new delivery truck, paid $260 to have the name of the store and other advertising material painted on the vehicle Painted delivery truck at a cost of s450 after two years of use. enue b. e. Purchased new battery at a cost of $40 for two-year-old delivery truck d. Installed an escalator at a cost of $17.500 in a three-story building that had been usecd for some years without elevators or escalators Purchased a pencil sharpener at a cost of $15.00. e. f. Original life of the delivery truck had been estimated at four years, and straight-line deprecia- tion of 25 percent yearly had been recognized. After three years' use, however, it was to recondition the truck thoroughly, including replacing the engine. On August 3, Cinco Construction purchased special-purpose equipment at a cost of $1,000,000. The useful life of the equipment was estimated to be eight years, with an estimated residual value of $50,000. a. Compute the depreciation expense to be recognized each calendar year for financial reporting purposes under the straight-line depreciation method (half year convention) ariation expense to be recognized each calendar year for financial reporting lnnce method (half-year convention) with a switc