Indicate the accounting for each of the following expenditures as an asset or an expense. Justify your choices. Assume all items are material. Legal fees paid in connection with the purchase of land are $1,500. Should be recognized as an asset and debited to the Land account, as it is a cost incurred in acquiring land. Eduardo, Inc. paves the driveway leading to the office building at a cost of $21,000. eTextbook and Media A meat market purchases a meat-grinding machine at a cost of $3,500. On June 30. Monroe and Meno, medical doctors, pay 6 months' office rent to cover the month of July and the next 5 months. Smith's Hardware Company pays $9,000 in wages to laborers for construction on a building to be used in the business. Alvarez's Florists pays wages of $2,100 for the month to an employee who serves as driver of their delivery truck