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Brief Exercise 9-3 Indicate whether each of the following itens is an operating expenditure or a capital expenditure. If the expenditure is neither, choose Not

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Brief Exercise 9-3 Indicate whether each of the following itens is an operating expenditure or a capital expenditure. If the expenditure is neither, choose "Not Applicable (a) Operating Expenditure Repaired building roof, $1,500 (r) Purchased oil and gas for truck, $155 Operating Expenditure (b) Operating Expenditure Replaced building roof, $27,500 (g) Operating Expenditure Replaced tires on truck, $500 (c) Capital Expenditure Purchased building, $480,000 Anticipated retirement costs for plant, $500,000 (h) (d) Operating Expenditure Purchased insurance on equipment in transit, $350 Added new wing to building, $250,000 ) Capital Expenditure (e) Capital Expenditure Purchased truck, $55,000 Painted interior of building, $6,500 ) Que

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