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Multiple Select Question

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Shenandoah Skies bought land to be used for a new ski resort. Which of the following of expenditures made by Shenandoah Skies should be capitalized? $($Oxeck all that apply.$)$

$$6,000$ for the $1$st year's real estate taxes

$$5,000$ paid to Jack Mogul for a title search

$$7,500$ paid for a party to celebrate the grand opening

$$5,000,000$ to purchase the land

$$3,000$ paid to advertise the new ski resort

$$50,000$ paid to cut down timber to make way for ski runs

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