DLA \#1 - Explain whether the following assets are eligible for depreciation, depletion, or amortization a. Car used only for personal purposes. b. Lubricating oil purchased for business machinery. c. Construction company truck. d. Truck used by utility company to construct towers for power lines. e. Farmland used to grow corn. f. A new apartment building with construction completed but unoccupied. g. Boats held for sale by a marina. h. Broadcasting license acquired in connection with the purchase of television station. i. Leasehold improvements made by a tenant who has five years remaining on a lease. j. Oil and gas drilled from the land in which the company's headquarters are located