For each of the following items, indicate whether the costs should be capitalized or expensed immediatel under GAAP. For each answer provide a short sentence as to the reason the cost is capitalized or immediatel expensed. a) Equipment with a 5-year life is purchased for $32,000 for a specific R&D project. The equipment has no alternative use. b) Purchased a customer list from another company for $100,000. c) Spent $200,000 to develop a new software product. d) Paid $10,000 for routine maintenance and lubrication of equipment