just give the final answer as soon as possible

Question 6 1 pts Which of the following would NOT be capitalized as part of a purchased asset's cost? Installation costs. O Non-refundable taxes paid on purchase. All of the other answers are correct- none of the costs would be capitalized. O Insurance costs once the asset is operational. Question 7 1 pts Accumulated depreciation is described as what type of account? O An asset. O A liability. O An expense A contra-asset