Farmica recently incurred costs associated with installing an air-conditioning unit in one of its tractors. The tractor has never had an air-conditioner before The air-conditioner would not be detached from the tractor. How should this cost be accounted for? as a new asset associated with the tractor O as a reduction of future depreciation expense associated with the tractor O as a repair and maintenance expense at an intangible Question 21 4 pts A new larger dump bod was added to one of a company's dump trucks. The new dump bed will allow the truck to carry twice as much as before, but is is not expected to increase the truck's service life. The proper entry to reflect this transaction includes a: credit to Depreciation Expense credit to Accumulated Depreciation O debit to Truck (Truck Bed debit to Maintenance Expense Question 22 4 pts An asset costing $1,000 and having accumulated depreciation of $600 is exchanged for an asset having a fair value of $500. $500 loss would be recognised if the transaction has commercial substance o $500 pain would be recognized if the transaction has commercial substance a $100 pain would be recognized if the transaction has commercial substance a $100 loss would be recognised if the transaction has commercial substance