QUESTION 1 Driveways, parking lots, landscaping, and underground sprinkler systems are properly classified as: Equipment. Land. Land improvements. Buildings. QUESTION 2 When bonds are issued at a premium, the total interest expense of the bonds over the life of the bonds is: premium at the sale point. interest paid over the life of the bonds minus the amount of the premium at the sale point. interest paid over the life of the bonds plus the amount of the premium at the sale point. O interest paid over the life of the bond