tion 27 Costs incurred to increase the operating efficiency or useful life of a plant asset are referred to as et ered ed out of lag question Select one: a. capital expenditures. b. ordinary repairs c. expense expenditures. d. The answer does not exist e. revenue expenditures. cion 28 et San Company purchases a new delivery truck for $55,000. The sales taxes are $4,000. The logo of the company is painted on the side of the truck for $1,600. The truck license is $160. The truck undergoes safety testing for $290. What does San record as the cost of the new truck? ered ed out of Select one: O a. $59,000 lag question b. $61,050 C. $60,890 d. $60,600 O e. The answer does not exist