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Which of following expenses would most likely be considered a capital expenditure (CAPEX) a. Annual property taxes b. Salaries of on-site managers c. Routine maintenance

Which of following expenses would most likely be considered a capital expenditure (CAPEX)

a. Annual property taxes

b. Salaries of on-site managers

c. Routine maintenance on the HVAC system

d. Adding a parking structure to an existing office building

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