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Classify the following as either revenue or capital expenditures: Paid 40,000 cash to replace a compressor on a refrigeration system that extends its useful life
Classify the following as either revenue or capital expenditures:
Paid 40,000 cash to replace a compressor on a refrigeration system that extends its useful life by four years
Paid $200 cash per truck for the cost of their annual tune-ups
Paid $175 for the monthly cost of replacement filters on an air-conditioning system.
Completed an addition to an office building for $225,000 cash.
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