During 2006, King Company made the following expenditures relating to its plant building:
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|
Continuing and frequent repairs |
$40,000 |
|
Repainted the plant building |
10,000 |
|
Major improvements to the electrical wiring system |
32,000 |
|
Partial replacement of roof tiles |
14,000 |
How much should be charged to repair and maintenance expense in 2006?
- $96,000
- $82,000
- $64,000
- $54,000