“Tell me I don’t have to capitalize this,” Trudy said as she dropped the invoices on her desk.
The invoices totaled $12,000.
Five years ago, Trudy bought a small office building. Recently, she discovered that the original sliding glass door had been improperly installed 10 years before she owned the property. Water had been leaking in for the past three years. The carpet was damaged. The interior wall needed repair. And the bottom of the door frame had collapsed.
Her contractor explained the bad news: The sliding door and frame are manufactured as a single unit. If one fails, you replace both.
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