Check the appropriate box to indicate whether the costs below are considered Land or Land Improvement. Land Land Improvement Accrued property taxes $3,000 Fences $4,000 Underground Sprinklers $200 Removal cost of old building $5,000 Parking Lots $2,000 Income from selling salvaged materials $800 Grading and draining costs $1,500 Closing costs $1,500 Landscaping $2,500 O Draining Costs $800 O