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Demmert Manufacturing incurred the following expenditures during the current fiscal year: annual maintenance on his machinery, $5,400; remodeling of offices, $22,000; rearrangement of the shipping

Demmert Manufacturing incurred the following expenditures during the current fiscal year: annual maintenance on his machinery, $5,400; remodeling of offices, $22,000; rearrangement of the shipping and receiving area resulting in an in increase in productivity, $35,000; addition of a security system to the manufacturing facility, $25,000. How should Demmert account for each of these expenditures?

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