Which of the following events after the balance sheet date would normally qualify as adjusting events according to AS--4 (Events after Balance Sheet date) ?
1. The insolvency of a customer with a balance outstanding at the balance sheet date.
2. A decline in the market value of investments.
3. The declaration of an ordinary dividend.
4. The determination of the cost of assets purchased before the balance sheet date.
A. 1, 3 and 4
B. 1 and 2 only
C. 2 and 3 only
D. 1 and 4 only