pls help with #4 & 5

Question 4 0 out of 1 points When using special equipment or machinery to extract natural resources, how is it depreciated? (The special equipment or machinery will not be used when extraction is complete.) Selected Answer: Answers: a. any depreciation method, spread over the asset's useful life a, any depreciation method, spread over the asset's useful life b. units of production, spread over the useful life of the extraction process c. units of production, spread over the asset's useful life d. any depletion method, spread over the life of the extraction process Question 5 0 out of 1 points Maddox Mad Dog Corporation is building a new plant that is expected to take 3 years to construct. There are substantial architect, excavating, and building permit fees in addition to the contract price. Only the contract price of the project will be financed during this 3 year period. Which of the folowing is true during the construction phase? Selected Answer: C the contract price, architect fees, excavating fees, and building permit fees are capitalized, the interest during construction is expensed Answers: a. the contract price, excavating fees, architect fees, building permit fees, and interest during construction are all capitalized b. only the contract price is capitalized; all the other fees paid in cash are expensed as incurred c, the contract price, architect fees, excavarting fees, and building permit fees are capitalized; the interest during construction is expensed d. the contract price, excavating fees, and architect fees are capitalized; building permit fees and interest during construction are expensed Question 6 1 out of 1 points Long-term assets are Selected Answer, b. assets acquired to be used in the business for more than one year Answers a. inventory b. assets acquired to be used in the business for more than one year c purchased with the intent of resale d can only be tangible in nature