15) Identify the appropriate accounting treatment for each of the payments listed below using the following code:
C = Capitalize
E = Expense
N = Neither of the above
______ 1. $5,000 spent to improve the working condition of a truck
______ 2. $10,000 spent to pay a liability
______ 3. Bought a machine that cost $40,000
______ 4. Distributed $3,000 cash to the owners
______ 5. Spent $78 tuning up a truck
______ 6. Spent $234 to have a piece of equipment shipped to the warehouse where it will be used
______ 7. $17,000 spent to make a crushing machine work faster
______ 8. $16,000 spent to make a trash compactor work more efficiently
______ 9. Paid the monthly fee to have the factory equipment oiled
______ 10. Paid an architect $5,600 to design an office building