i want to ask di auditing question please... Number 14-15... Thank you

44-15) Gonzales, independent auditor, is the auditor for a manufacturing company with a balance sheet that includes the entry 'Property, plant and equipment Gonzales has been asked by the company's management if audit adjustments or reclassifications are required for the following material items that have been included in or excluded from Property, plant and equipment 1 A tract of land was acquired during the year. The land is to be the future site of the client's new headquarters, which will be constructed next year. Commissions were paid to the real estate agent used to acquire the land, and expenditures were made to relocate the previous owner's equipment. These commissions and expenditures were expensed and are excluded from "Property, plant and equipment. Clearing costs were incurred to ready the land for construction. These costs were included in 'Property, plant and equipment During the land-clearing process, timber and gravel were recovered and sold. The proceeds from the sale were recorded as other income, and are 2 3 excluded from 'Property, plant and equipment. A group of machines was purchased under a royalty agreement that provides royalty payments based on units of production from the machines. The costs of the machines, freight costs, unloading charges and royalty payments were capitalized, and are included in Property, plant and equipment. 4 Required: a Describe the general characteristics of assets, such as land, buildings improvements, machinery, equipment, fixtures, and so on, that should normally be classified as Property, plant and equipment', and identify assertions in connection with the examination of Property, plant and equipment'. Do not discuss specific audit procedures