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Which of the following expenditures would be classified as part of the initial investment phase for equipment? Select one: A. Expenditures to increase working capital

Which of the following expenditures would be classified as part of the initial investment phase for equipment?

Select one:

A. Expenditures to increase working capital

B. Expenditures to maintain equipment

C. Expenditures for production operations

D. All of the above

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