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Franz is a home builder who is subject to the uniform capitalization rules. During the year he incurred the following costs all these expenses must
Franz is a home builder who is subject to the uniform capitalization rules. During the year he incurred the following costs all these expenses must be capitalized except a. 60000 spent for newspaper advertising b. 600000 salary paid to site supervisor c. 2500000 spent to hire construction contractors d. 6500000 spent on building materials
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