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Part $1$

Consider the expenditures listed below and classify each of the expenditures as a capital expenditure or a revenue expenditure related to machinery.

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Part $1$

a$.$

Purchase price.

$$

b$.$

Ordinary recurring repairs to keep the machinery in good working order.

$$

c$.$

Lubrication before machinery is placed in service.

$$

d$.$

Periodic lubrication after machinery is placed in service.

$$

e$.$

Major overhaul to extend useful life by three years.

$$

f$.$

Sales tax paid on the purchase price.

$$

g$.$

Transportation and insurance while machinery is in transit from seller to buyer.

$$

h$.$

Installation.

$$

i$.$

Training of personnel for initial operation of the machinery.

$$