How should hanoi account for each of these expenditures

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Reference no: EM131521239

Question: Hanoi Foods incurs the following expenditures during the current fiscal year:

(1) annual maintenance on its machinery, $8,900;

(2) remodeling of offices, $42,000;

(3) improvement of the shipping and receiving area, resulting in an increase in productivity, $25,000; and

(4) addition of a security system to the manufacturing facility, $35,000. How should Hanoi account for each of these expenditures?

Reference no: EM131521239

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