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Should each item above be expensed or capitalized

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Question - Wired productions Ltd. uses its website for sales and client information. Costs incurred last year include:

Expenditure Amount Depreciation of computer equipment, connection, and utility costs $35,000

Website maintenace and concept improvements $22,000

Graphics $12,000

Creation of content, expected to be valid for three years $24,000

Required - Should each item above be expensed or capitalized?

Reference no: EM133074076

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