Help Listed below are costs (or discounts) to purchase or construct new plant assets. Indicate whether the costs should be expensed or capitalized (included in the cost of the plant assets on the balance sheet.) For costs that should be capitalized, indicate in which category of plant assets (Equipment, Building, or Land) the related costs should be recorded on the balance sheet. Event Category 1. 2 3. List Wages paid to train employees to use new equipment. Costs charged by a contractor to install new equipment into the production line Construction costs for a new building to be used in operations Costs to pay a crew to test new equipment for a day to ensure it was working properly. Costs to clear and grade land purchased for a new plant. Repair costs to fix new equipment damaged by the crew that unpacked it Parking ticket fees incurred by the delivery truck that illegally parked when delivering new equipment Costs to install needed electrical lines in a new building 5. Experised 6. 7. B. Next > Category the production line. ons. -ure it was working properly. Expensed Capitalized - Building mat unpacked it. ally parked when delivering new equipment. Capitalized - Equipment Capitalized - Land