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Question 15 (5 points) Which of the following events should be capitalized as a fixed asset? i. An airline company changes the air filters on
Question 15 (5 points) Which of the following events should be capitalized as a fixed asset? i. An airline company changes the air filters on its airplanes. They are changed annually. ii. A manufacturer converts its factory equipment into hybrid equipment. This newly overhauled equipment should produce more products and use less electricity than the previous equipment. ii only both should be capitalized i only
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