13. Kobe company ltd. is publicly traded in Tel-Aviv stock exchange. The company applies the International Financial Reporting Standard (IFRS). In a professional discussion about research and development (R&D) recognition held at the company, the following arguments were raised: 1. All R&D expenses will be recognized immediately in the income statement. 2. Development expenses will always be capitalized to asset. 3. Development expenses will be capitalized to asset only if certain conditions are met. 4. All research expenses will be recognized immediately in the income statement. Choose the correct one: a. 3&4 b. 3 2 C. d. 1 e. 2&4 C +480/ } ]