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1. The expenditures and receipts below are related to land, land improvements, and buildings acquired for use in a business enterprise. Determine how the following should be classified: Architect's fee on building Cost of real estate purchased as a plant site (land $200,000 and building $50,000) Installation of fences around property Cost of razing and removing building Cost of parking lots and driveways Cost of trees and shrubbery (permanent)