Blossom Builders of Canada decided to expand its facilities and upgrade some of its log preparation equipment: IIEe occurred during the year: June 7 700 Paid for set-up and adjustment of the new equipment so it would be ready to use. 10.700 Paid for an ad in the local paper to advertise that the company was hiring. (a) Determine the costs that should be capitalized as assets by Blossom Builders of Canada in its land, buildings, and equipment accounts