Peabody Inc. uses the calendar year as its reporting period. During Year 1, the company completed numerous property, plant and equipment transactions. In particular, Peabody Inc. incurred long-term debt to build a new warehouse storage facility at its current location. An unrelated building contractor managed the new warehouse construction project. Peabody Inc. has a policy of capitalizing expenditures with a unit cost of $1,000 and a useful life greater than one year. The company prorates depreciation expense in the year of acquisition based on the date of purchase. For each transaction listed below choose the correct accounting treatment from the selection list. Each accounting treatment may be used once, more than once, or not at all.

Accounting Treatment
A. Capitalize and depreciate	D. Expense at time incurred
B. Capitalize, do not depreciate	E. Expense monthly
C. Capitalize and amortize	F. Partially capitalize and partially expense

			Accounting
ASSET		Cost	Treatment
20 new desk-top computers for support personnel
Cost of parking lot for the new warehouse
New process costing software. Will be replaced in 6 six years
Painting all the ceiling tiles in the hallways and common areas of the property.
Replacing office windows cracked as a result of an explosion at a
neighboring plant.
Replace the cooling system in the company's current facility with a more
modern fuel efficient model