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Question - A Mercedes class c250 sedaan 2015 was bought. Which of these costs to be capitalized and should be expensed to Income statement:

Vehicle cost 77000

Color trim 1964.60

Seat comfort package 1518

Sunroof     2332

Vision package     1894.20

Reg fee    513.50

CTP Insurance    640.18

Dealer delivery charges      4346.96

Stamp duty     2643.62

Luxury car tax     2146.94

How to make extract of Income statement?

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