Indicate Whether Each of the Following Expenditures Should Be Classified

Indicate whether each of the following expenditures should be classified as land (L), land improvements (LI), buildings (B), equipment (E), or none of these (X).
_____ 1. Parking lots
_____ 2. Electricity used by equipment
_____ 3. Sewage system cost
_____ 4. Interest on building construction loan
_____ 5. Cost of trial runs for equipment
_____ 6. Drainage costs
_____ 7. Cost to install equipment
_____ 8. Fences
_____ 9. Unpaid (past) property taxes assumed
_____ 10. Cost of tearing down a building when land and a building on it are purchased