Jackie Fox owns and operates Platinum Transport Co. During the past year, Jackie incurred the following costs related to an 18-wheel truck: 1. Changed engine oil. 2. Installed a television in the sleeping compartment of the truck. 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 a shock absorber that had worn out. 7. Replaced fog and cab light bulbs. 8. ReplacedthehydraulicbrakesystemthathadbeguntofailduringhislatesttripthroughtheRockyMountains. 9. Removed the old radio and replaced it with a new communications module. 10. Replaced the old radar detector with a newer model that is fastened to the truck with a locking device that prevents its removal. Classify each of the costs as a capital expenditure or a revenue expenditure
Jackie Fox owns and operates Platinum Transport Co. During the past year, Jackie incurred the following costs related to an 18-wheel truck:
1. Changed engine oil.
2. Installed a television in the sleeping compartment of the truck.
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 a shock absorber that had worn out.
7. Replaced fog and cab light bulbs.
8. ReplacedthehydraulicbrakesystemthathadbeguntofailduringhislatesttripthroughtheRockyMountains.
9. Removed the old radio and replaced it with a new communications module.
10. Replaced the old radar detector with a newer model that is fastened to the truck with a locking device that prevents its removal.
Classify each of the costs as a capital expenditure or a revenue expenditure.
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