A $60,000 outlay for a new machine with a usable life of 15 years is an operating expenditure thatwould appear as a fixed asset on the firm's balance sheet.

Name: A $60,000 outlay for a new machine with a usable life of 15 years is an operating expenditure thatwould appear as a fixed asset on the firm's balance sheet.
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A $60,000 outlay for a new machine is a capital expenditure, not an operating expenditure, and it would appear as a fixed asset on the firm's balance sheet.

A $60,000 Outlay for a New Machine with a Usable