Find and cite the part of the codification defining inventory. Make as good a case as you can for why the spare parts might be appropriately classified as inventory. Find and cite the parts of the codification defining prepaid expenses and current assets. Make as good a case as you can for why the spare parts might be appropriately classified as a prepaid/other current asset. Based on your analysis above, conclude with your recommendation about whether there is better support for classifying spare parts as inventory or a prepaid/other current asset.