Assets acquired in a lump-sum purchase are valued based on: a. Their assessed valuation. b. Their relative fair values. c. The present value of their future cash flows. d. Their cost plus the difference between their cost and fair values. The acquisition costs of property, plant and equipment do not include: a. The ordinary and necessary costs to bring the asset to its desired condition and location for use. b. Transportation Expenses to bring the plant and machinery to the factory c. Legal fees, delivery charges, installation, and any applicable sales tax. d. Maintenance costs during the first 30 days of use