Indicate whether each of the following expenditures should be classified as land, land improvements, buildings, equipment, or none of these. Payment to building contractor Cost of demolishing a building to make land suitable for use Parking lot 1. Land Cost of grading and filling land 2. Land Improvements Construction costs of new building 3. Building Architect's fee for building 4. Equipment plan Real estate brokerage fees 5. None of these when purchasing land