Which one of the following statements is correct? Select one: O a. The replacement of an engine in a old taxi is likely be classified as a maintenance expense ob. The cost of repairing a purchased building to prepare it for its intended use is expensed Oc Straight line depreciation is the cost of the asset divided by the its useful life O d. Insurance cost while shipping equipment is capitalized onto the balance sheet Oe If delivery trucks are purchased at different points of time, different methods of depreciation can be used