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Ryan Company Purchased a Building on January 1, 2018, for $250,000

Question 154

Multiple Choice

Ryan Company purchased a building on January 1, 2018, for $250,000. In addition, during 2018 the following costs related to the building have been incurred: Ryan Company purchased a building on January 1, 2018, for $250,000. In addition, during 2018 the following costs related to the building have been incurred: The amount of expenditures to capitalize for the year (not including the initial purchase of the building) is: A) $35,000. B) $85,000. C) $81,000. D) $72,000. The amount of expenditures to capitalize for the year (not including the initial purchase of the building) is:


A) $35,000.
B) $85,000.
C) $81,000.
D) $72,000.

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