A company spent $5000 to install a new theft-detection system in its headquarters. Management wasnt sure whether this cost should be capitalized to the Buildings account or expensed immediately. The CFO flipped a coin, it came up tails, so the company expensed these costs immediately.

Which of the following would be increased because the CFO is expensing these costs immediatelyinstead of capitalizing them? (check all that apply)

(Hint: Do the journal entries for both expensing and capitalizing and use the differences to answer the question)

Maintenance Expense

Cash from Investing Activities

Buildings

Cash from Operations

Total Stockholders Equity