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, indicate in which category of plant assets (Equipment, Building, or Land) the related costs should be recorded on the balance sheet. Category Capitalized Equipment Event List 1. Freight costs necessary to ship the equipment from the manufacturer to the warehouse 2. Proceeds received from selling scrap metal from old equipment being replaced 3 Costs to clear and grade land purchased for a new plant 4. Insurance on building after construction is complete and it is in use 5. Parking ticket fees incurred by the delivery truck that illegally parked when delivering new equipment 6. Costs to install needed electrical lines in a new building 7. Fees to perform necessary tests of new equipment 8. Janitorial costs incurred to clean equipment