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Q50. A special repair to a machine will extend the life of the machine an additional four years beyond the original estimated life of 5

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Q50. A special repair to a machine will extend the life of the machine an additional four years beyond the original estimated life of 5 years. The $75,000 cost of this repair is: A. a revenue expenditure B. an ordinary repair and maintenance expenditure C.a capital expenditure. D. either (A) or (B)

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