TRUE OR FALSE

6. As to land, capitalizable incidental costs do not include expenditures for fence, water system, sidewalk and paving.

7. The capitalizable costs of patents are legal fees and other registration costs.

8. Intangible assets are held for use in the production or supply of goods or services, for rental to others, or for administrative purposes.

9. Acquisition cost capitalized as wasting asset can be the price paid for an already- discovered resource.

10. The total cost of the natural resource less salvage value is divided by the number of units estimated to be in the resource deposit, to obtain a depletion rate per unit.