Please show formulas

P111 Classification of expendituresGiven the following list of outlays, indicate whether each is normally considered a capital expenditure or an operating expenditure. Explain your answers.

An initial lease payment of $5,000 for electronic point-of-sale cash register systems

An outlay of $20,000 to purchase patent rights from an inventor

An outlay of $80,000 for a major research and development program

An $80,000 investment in a portfolio of marketable securities

A $300 outlay for an office machine

An outlay of $2,000 for a new machine tool

An outlay of $240,000 for a new building

An outlay of $1,000 for a marketing research report

PROBLEM P11-1
(Note: Just input Operating or Capital: No explanation is needed)
	Classification of Expenditure
a.
b.
c.
d.
e.
f.
g.
h.