Smith Auto purchased a neighboring lot for a new building and parking lot. Indicate whether each of the following expenditures is properly charged to (a) Land, (b) Land Improvements, or (c) Buildings....

Smith Auto purchased a neighboring lot for a new building and parking lot. Indicate whether each of the following expenditures is properly charged to (a) Land, (b) Land Improvements, or (c) Buildings. 1. Paving costs 5. Building construction costs 2. Architects’ fee for building design 6. Lights around the property 3. Cost of clearing the property 7. Building permit 4. Cost of the property 8. Interest on the construction loan