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Which one of the following amounts is capitalized and depreciated? $7,000 paid for closing costs on the acquisition of land on which an office building
Which one of the following amounts is capitalized and depreciated? $7,000 paid for closing costs on the acquisition of land on which an office building will be constructed $40 paid for an oil change in one of the company's delivery vehicles $4,200 mortgage payments on a warehouse built to store inventory $65,000 paid to construct a parking lot adjacent to the company's building
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