1. The document discusses accounting for costs associated with acquiring and disposing of property, plant, equipment, and intangible assets. It covers topics like capitalizing acquisition costs, allocating lump-sum purchase prices, accounting for non-cash acquisitions and donations, capitalizing self-constructed assets, and accounting for research and development costs. 2. Examples are provided for allocating costs of land and building improvements, capitalizing costs to install new equipment, accounting for patent and goodwill acquisitions, and exchanging assets in non-cash transactions. 3. The treatment of interest costs depends on whether assets are constructed for a company's own use or for sale/lease, with some interest capital