2 points Listed below are costs (or discounts) to purchase or construct new plant assets. (1) Indicate whether the costs should be expensed or capitalized (Meaning they are included in the cost of the plant assets on the balance sheet) (2) For costs that should be capitalized, indicate in which category of plant assets (Equipment, Building, or Land) the related costs should be recorded on the balance sheet List eBook References 1. Fees to perform necessary tests of new equipment 2. Sales tax on new equipment purchased. 3. Costs to lay foundation for a new building 4. Repair costs to fix new equipment damaged by the crew that unpacked it 5. Janitorial costs incurred to clean equipment. 6 Construction costs for a new building to be used in operations 7 Insurance on a new building during its construction 8. Freight costs necessary to ship the equipment from the manufacturer to the warehouse Category Chec