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Capital and Revenue Expenditures On August 7 , Blue Ocean Inflatables Co . paid $ 2 , 8 0 0 to install a hydraulic lift

Capital and Revenue Expenditures
On August 7, Blue Ocean Inflatables Co. paid $2,800 to install a hydraulic lift and $70 for an air filter for one of its delivery trucks.
journalizs the entry fkr the new lift.
journalize the entry for the air filter expenditures

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