Question: An improvement made to a machine increased its fair value and its production capacity by 25%. The cost of the improvement should be 1) expensed

An improvement made to a machine increased its fair value and

An improvement made to a machine increased its fair value and its production capacity by 25%. The cost of the improvement should be 1) expensed in the current period. 2) allocated between accumulated depreciation and the machine account. 3) capitalized in the machine account. 4) debited to accumulated depreciation

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