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Entity I incurred various costs regarding its delivery truck which it purchased two years ago. For the cost that follows, indicate the proper treatment of

Entity I incurred various costs regarding its delivery truck which it purchased two years ago. For the cost that follows, indicate the proper treatment of the cost for financial accounting purposes: A hydraulic lift ($5,400) was added to the rear of the truck so as to make food deliveries faster.

a. Capitalized

b. Expensed

c. Ignored

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