Your next interview if with a Senior Analyst on the team you'd be joining if hired. The analyst asks the following: "My team is currently analyzing a struggling start-up that operates in the construction space. This year they spent a lot of money on equipment and other expenses, some of which are listed below. Which of the following are expenses that you would deduct this year on the income statement in the COGS section, and which are items that you would capitalize over a longer time period?"

Items Capitalize or expense in the same year?

1) Bags of cement

2) Cement mixer

3) Ford F250 pickup truck

4) Lumber and plywood

5) Nails and screws

6) Nail gun