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Which of the following expenditures should be capitalized? $400 to repair paint damage on a company-owned vehicle $3,100 to replace the transmission of car (this
Which of the following expenditures should be capitalized? $400 to repair paint damage on a company-owned vehicle $3,100 to replace the transmission of car (this is a significant cost and would extend the useful life of the car) $62,200 to add a security and monitoring system to the distribution center $16,400 of annual property insurance
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