Restructuring costs   LO6 A division of an acquired entity will be closed and activities discontinued. The division will operate for 1 year after the date of acquisition. At the end of the 1 year, a few divisional employees will be retained to finalise closure of the division, but the rest will be retrenched. Required Which of the following costs, if any, are restructuring costs? 1. The costs of employees (salaries and benefits) to be incurred after operations cease and that are associated with the closing of the division 2. The costs of leasing the factory space occupied by the division for the year after the date of acquisition 3. The costs of modifying the division’s purchasing system to make it consistent with that of the acquirer’s