Riley Holdings Corp. incurred the following expenditures: $4,200 cost to replace the transmission in a company-owned vehicle:

Question:

Riley Holdings Corp. incurred the following expenditures: $4,200 cost to replace the transmission in a company-owned vehicle: $12.400 cost of annual property insurance on the company's production facilities: $9,700 cost to develop and register a design patent; 524.600 cost to add a security and monitoring system to the company's center: $500 cost to repair paint dam-age on a company-owned vehicle caused by normal wear and tear.
Required:
Which, if any, of these expenditures should be capitalized?
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...