The Acme Corporation incurs the following expenses. Explain whether the following expenses should be capitalized or deducted in the current period.

a. Paid $2,500 to pave a gravel parking lot.

b. Paid $1,900 for new tires on the truck.

c. Paid $3,000 for a new fire and security alarm system for the factory.

d. Paid $6,250 to paint the interior and exterior of the office and factory building that it just acquired.

e. Paid $1,200 for a new compressor for the factory's central air conditioning system.