Listed below are costs (or discounts) to purchase or construct new plant assets. Indicate whether the costs should be expensed or capitalized (included in the cost of the plant assets on the balance sheet.) For costs that should be, indicate in which category of plant assets (Equipment, Building, or Land) the related costs should be recorded on the balance sheet. Event List Category 1. 2. 3. 4. Capitalized - Building Attorney fees incurred to complete the purchase documents for a new plant warehouse Insurance on building after construction is complete and it is in use Repair costs to fix new equipment damaged by the crew that unpacked it Costs to install needed electrical lines in a new building Costs to install necessary lighting in a new building Costs to erect new walls needed to hold shelving in a building purchased Costs to clear and grade land purchased for a new plant Fees to perform necessary tests of new equipment 5 Capitalized - Equipment 6 Capitalized - Land 7. Expensed 8