Problem 9 (S Points) improvements (LI), buildings the ()equipment (E), or none of these 1X). expenditures should be classified as land (L).land 1. Parking lots 2. Electricity used by a machine -3. Excavation costs rest on building construction loan 5. Cost of trial runs for machinery 6. Drainage costs 7. Cost to install a machine 8. Fences 9. Unpaid (past) property taxes assumed 10. Cost of tearing down a building when land and a building on it are purchased