Evaluate the following costs to decide whether each should be recorded as Land, Land Improvement, Building, Equipment, or Not Capitalized at all. Then, place the appropriate letter in the blank and record your answers in Blackboard. The first item is completed for you as an example.
A. Land B. Not Capitalized C. Land Improvement	D. Building E. Equipment
Delivery cost of new equipment		E
Fees for title insurance on land purchase
Cost of periodic repainting of parking lot
Cost of building new sidewalks
Interest costs on loan to buy equipment
Computer training class on general commercial software package
Architects fees for new building
Installation and setup costs on new machinery
Repair of damage to device broken during initial installation
Safety violation fines at construction site
Tap fees for connecting new building to city water system