QS 10-2 Assigning costs to plant assets c1 Listed below are costs (or discounts) to purchase or construct new plant assets. (1) Indicate whether the costs should be expensed or capitalized (meaning they are included in the cost of the plant assets on the balance sheet). (2) 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. Expensed or Asset Capitalized Category 1. Wages paid to train employees to use new equipment. 2. Invoice cost paid for new equipment. t discount taken on the purchase of new equipment. 4. Realtor commissions incurred on land purchased. . Property taxes on land incurred after it was purchased 6. Costs of oil for the truck used to deliver new equipment. 7. Costs to lay foundation for a new building. 8. Insurance on a new building during its construction