Replacing the engine of a 3-year-old vehicle would be an example of a(n):

Name: Replacing the engine of a 3-year-old vehicle would be an example of a(n):
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An extraordinary repair, also known as a major repair, involves replacing a major component of a fixed asset that has worn out before the end of its estimated useful life. Replacing the engine of a 3-year-old vehicle is a major repair and would be considered an extraordinary repair.

Replacing the Engine of a 3-Year-Old Vehicle Would Be an Example