Question: An improvement made to a machine increased its fair value and its production capacity by 25% without extending the machine's useful life. The cost of

An improvement made to a machine increased its fair value and its production capacity by 25% without extending the machine's useful life. The cost of the improvement should be Select one: a. expensed. b. capitalized in the machinery account. c. allocated between accumulated depreciation and the machinery account. d. debited to accumulated depeciation.

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