Question: 1a) What financial-reporting issues does Driscoll face? Should these issues guide his decision regarding whether to purchase the crane? 1b) Driscoll must determine the impact

1a) What financial-reporting issues does Driscoll face? Should these issues guide his decision regarding whether to purchase the crane? 1b) Driscoll must determine the impact on current and future profits in relation to several costs. What should guide the determination of whether an acquisition cost is capitalized or expensed

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