The Cost of a Building to Be Used in the Operations

Multiple Choice

The cost of a building to be used in the operations of a business should usually include all of the following except

A) cost of renovation to prepare the building for its intended use.
B) costs of building permits related to expansion of the building begun after acquisition.
C) property taxes related to periods prior to acquisition that are assumed by the buyer.
D) costs incurred to have existing buildings removed to make room for the construction of new buildings.