Evaluate the following costs and decide if each is a "capital expenditure" or not. Then, if a capital expenditure, decide which account the cost should be recorded in: Land, Land Improvement, Building, or Equipment.

The first item is done as an example.

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Delivery cost of new furniture Wages paid to guard at office building Fees for title insurance on land purchase Cost of periodic repainting of parking lot Cost of building new sidewalks Interest costs on loan to buy equipment Computer training class on general commercial software package Yes Capital No Land Land Category Improvement Building Equipment