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P11-1 Classification of expenditures Given the following list of outlays, indicate whether bleach is normally considered a capital expenditure or an operating expenditure. Explain your

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P11-1 Classification of expenditures Given the following list of outlays, indicate whether bleach is normally considered a capital expenditure or an operating expenditure. Explain your answers. a. An outlay of $27,600 for a marketing research report b. A $275 outlay for an office machine c. An outlay of $1,750,000 to purchase copyrights from an author d. A $175,000 investment in a portfolio of marketable securities e. An outlay of $4,000,000 for a major research and development program f. An outlay of $3,200 for a new machine tool g. An outlay of $3,450,000 for a new building h. An initial lease payment of $12,575 for electronic point-of-sale cash register systems

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