Aubrey Seagars owns and operates Diamond Transport Co

During th
Aubrey Seagars owns and operates Diamond Transport Co. During the past year, Aubrey
incurred the following costs related to an 18-wheel truck:1. Installed a television in the sleeping
compartment of the truck.2. Replaced the old radar detector with a newer model that is fastened
to the truck with a locking device that prevents its removal.3. Installed a wind deflector on top of
the cab to increase fuel mileage.4. Modified the factory-installed turbo charger with a special-
order kit designed to add 50 more horsepower to the engine performance.5. Replaced a
headlight that had burned out.6. Replaced the hydraulic brake system that had begun to fail
during his latest trip through the Rocky Mountains.7. Changed engine oil.8. Replaced a shock
absorber that had worn out.9. Replaced fog and cab light bulbs.10. Removed the old CB radio
and replaced it with a newer model with a greater range.Classify each of the costs as a capital
expenditure or a revenue expenditure.View Solution:
Aubrey Seagars owns and operates Diamond Transport Co During th
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