Classification of expenditures Given the following list of outlays, indicate whether each is normally considered a capital expenditure or an operating expenditure. a. An initial lease payment of $5,400 for electronic point-of-sale cash register systems. b. An outlay of $20,600 to purchase patent rights from an inventor. c. An outlay of $78,900 for a major research and development program. d. An investment of $83,100 in a portfolio of marketable securities. e. A $290 outlay for an office machine. f. An outlay of $2,100 for a new machine tool. g. An outlay of $244,500 for a new building. h. An outlay of $1,300 for a marketing research report. a. An initial lease payment of $5,400 for electronic point-of-sale cash register systems. (Select from the drop-down menu.) The initial lease payment is b. An outlay of $20,600 to purchase patent rights from an inventor. (Select from the drop-down menu.) The purchase of patent rights from an inventor is c. An outlay of $78,900 for a major research and development program. (Select from the drop-down menu.) The outlay for a major research and development program is d. An $83,100 investment in a portfolio of marketable securities. (Select from the drop-down menu.) The investment in a portfolio of marketable securities is e. A $290 outlay for an office machine. (Select from the drop-down menu.) The outlay for an office machine is f. An outlay of $2,100 for a new machine tool. (Select from the drop-down menu.) The outlay for a new machine tool is g. An outlay of $244,500 for a new building. (Select from the drop-down menu.) The outlay for a new building is h. An outlay of 13 for a marketing research report. (Select from the drop-down menu.) The outlay for a marketing research report is Classification of expenditures Given the following list of outlays, indicate whether each is normally considered a capital expenditure or an operating expenditure. a. An initial lease payment of $5,400 for electronic point-of-sale cash register systems. b. An outlay of $20,600 to purchase patent rights from an inventor. c. An outlay of $78,900 for a major research and development program. d. An investment of $83,100 in a portfolio of marketable securities. e. A $290 outlay for an office machine. f. An outlay of $2,100 for a new machine tool. g. An outlay of $244,500 for a new building. h. An outlay of $1,300 for a marketing research report. a. An initial lease payment of $5,400 for electronic point-of-sale cash register systems. (Select from the drop-down menu.) The initial lease payment is b. An outlay of $20,600 to purchase patent rights from an inventor. (Select from the drop-down menu.) The purchase of patent rights from an inventor is c. An outlay of $78,900 for a major research and development program. (Select from the drop-down menu.) The outlay for a major research and development program is d. An $83,100 investment in a portfolio of marketable securities. (Select from the drop-down menu.) The investment in a portfolio of marketable securities is e. A $290 outlay for an office machine. (Select from the drop-down menu.) The outlay for an office machine is f. An outlay of $2,100 for a new machine tool. (Select from the drop-down menu.) The outlay for a new machine tool is g. An outlay of $244,500 for a new building. (Select from the drop-down menu.) The outlay for a new building is h. An outlay of 13 for a marketing research report. (Select from the drop-down menu.) The outlay for a marketing research report is