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Rusty owned a rental house. He spent $50,000 to install a new swimming pool in his rental house, $100,000 to expand his rental house 500

Rusty owned a rental house. He spent $50,000 to install a new swimming pool in his rental house, $100,000 to expand his rental house 500 square feet, $1,000 to repair a toilet, and $2,000 to repair a water sprinkler system. How much of the expenses that he incurred must be capitalized, and not immediately expensed? Group of answer choices $0 $50,000 $150,000 $153,000

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