Knowledge Check 01 Zimmerman Auto sells new and used cars. Its assets are as follows: (1) the showroom building, a separate building used to service customer cars, and various parking lots, (2) a nearby acre of land not currently used by the auto dealership, (3) new and used cars and trucks for sale to customers, and (4) a car that is used to provide rides to customers who prefer to wait at home while their cars are serviced. The assets that are classified as plant assets on the company's balance sheet include: (1) and (2) (1) and (4) 07.(2), and (3) (1). (3), and (4) Knowledge Check 01 The acquisition cost of a plant asset does not include O incidental costs, such as title fees, sales commissions, legal fees, and so on. repair costs resulting from damage to the plant asset while it was being unpacked. O all normal and reasonable expenditures necessary to get the asset in place and ready for its intended use. O costs incurred to modify or customize the new plant asset