Wired Productions Ltd. uses its website for sales and client information. Costs incurred last year include: Expenditure Depreciation of computer equipment, connection, and utility cost Website maintenance and concept improvements Graphics Creation of content, expected to be valid for three years Amount $ 37,000 23,000 12,600 24,800 Required: Should each item above be expensed or capitalized? Expenditure Amount atment . Depreciation of computer equipment, connection, and utility cost $37,000 2. Website maintenance and concept improvements 3. Graphics 4. Creation of content, expected to be valid for three years $23,000 $12,600 $24,800