1. The following expenditures and receipts are related to land, land improvements, and buildings acquired for use in a business enterprise. Determine how the following should be classified:

	Classification
a. Money borrowed to pay building contractor (signed a note)
b. Payment for construction from note proceeds
c. Cost of land fill and clearing
d. Delinquent real estate taxes on property assumed by purchaser
e. Premium on 6-month insurance policy during construction
f. Refund of 1-month insurance premium because construction completed early
g. Architect's fee on building
h. Cost of real estate purchased as a plant site (land 200,000 and building 50,000)