Question 23 (1 point) The cost of land does not include removal costs of an old building closing costs O annual property taxes O title fees Question 24 (1 point) Colby Ltd. purchased equipment and incurred the costs listed below. For which of the costs shown below is it correct to capitalize the cost and include it in the Equipment account balance. Cost of additional electricity used by the equipment after it was installed Freight cost to ship equipment to Colby, FOB shipping point Annual premium for insurance on the equipment after it is acquired Training workers to use the equipment