expenditures budget. Excerpts of the interviews are as follows:

and install the equipment before we can begin production. If sales continue to grow, I expect we'll need to invest another $500,000$ in equipment in $20v8.$

construction costs over the next four years. Additionally, I would expect the cost of the expansion to be proportional to the size of the expansion.

less expensive at a later date.

Use the interview information above to prepare a capital expenditures budget for Handy Dan Tools Inc. for the years $20$Y$5-20$Y$8.$

If an amount box does not require an entry, leave it blank. Enter all amounts as positive numbers.

HANDY DAN TOOLS INC.

Capital Expenditures Budget

For the Four Years Ending December $31,20$Y$5-20$Y$8$