B) $50,500. C) $55, 000. C) $50,000. Answer:- 37. Whi A) Tangible assets B) Fixed assets C) Property, plant, and equipment D) Long-lived assets ch of the following terms does not mean the same as the others? Answer:- 38. Which of the following statements about capitalizing costs is correct A) Capitalizing costs refers to the process of converting assets to expenses B) All costs incurred to acquire an asset may be capitalized. C) Capitalizing a cost means to record it as an asset. D) Capitalizing costs results in an immediate decrease in net income