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 List Category 1. Janitorial costs incurred to clean equipment. 2. Costs to pay a crew to test new equipment for a day to ensure it was working properly. 3. Costs to install needed electrical lines in a new building. 4. Fees to perform necessary tests of new equipment. 5. Capitalized - Building Insurance on a new building during its construction. Freight costs necessary to ship the equipment from the manufacturer to the warehouse. 6. 7. Costs to build a base to hold new equipment. 8. Costs to clear and grade land purchased for a new plant