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A company purchased a truck 8 years ago. In the current year, the company had the following expenditures related to the truck. Which of the
A company purchased a truck 8 years ago. In the current year, the company had the following expenditures related to the truck. Which of the following expenditures would be capitalized (in other words, not expensed immediately). Choose all that apply. Added a new fuel economizer that bumped the fuel economy by 8 miles to the gallon Repaired dent in the bumper Trained an employee how to drive the truck Oil change to keep truck in working order Added a loading rack in the bed of the truck to allow hauling of specialized equipment Painted the truck with a nice color of blue Cost to rebuild engine adding 5 additional years to the useful life
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