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Question #2 Choose the be it The following expenditures relating to a factory building were incurred during 2001: Replacement of the roof with a fireproof

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Question #2 Choose the be it The following expenditures relating to a factory building were incurred during 2001: Replacement of the roof with a fireproof tile roof $200,000 Repainting the outside building walls $60,000 Rewriting the electrical system resulting in a major improvernent over the old wiring $30,000 The amount to be capitalized should be O $ 290,000 O $ 260,000 $200,000

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