Classify each of the following costs associated with long-lived assets as one of the following: Clear All Paved parking areas at new business location Supplies (materials) used to test new equipment Walkways to surround new business location Cost assessed by city for paving a public street that borders land on which a new business location will be constructed Land Modifying a building purchased for new business location Buildings Fences around land at new business location Machinery and equipment Cost of installing new equipment Land improvements