On $1$ February $20$X$0,$ Wahyuni Resort purchases $1,000$ hectares of undeveloped natural land called Freelands, an area of land in central Africania, for $$10,000,0001$ with the aim of establishing an ecotourism resort business. The property is not fenced and adjoins a national park on all its boundaries except the Western boundary, where Freelands adjoins privately owned undeveloped land that is currently unused. A wide range of indigenous plants and wild animals $($including significant numbers of buffalo, crocodile, giraffe, hippopotamus, leopard, lion, zebra and a wide variety of antelope$)$ inhabit Freelands and the surrounding lands. Law in Africania specifies that wild animals are the property of the owner of the land that they occupy. Neither elephant nor rhinoceros frequent Freelands because both species are no longer present in Africania because of heavy poaching during the civil war that plagued the country approximately a decade ago.

In November $20$X$2$ all of the furniture, fittings and furnishings for the main lodge building are fitted and tested and all are ready for use, as intended by management, by $1$ December $20$X$2.$ Wahyuni Resort also buy $100$ hens, $20$ lamb and $5$ milk cows to build their own supply farms. Those live stocks will produce eggs, lamb meat and dairy products for the consumption of the guest. At $31$ December $20$X$2,$ the inventory warehouse has $60$ eggs, $10$ kg of lamb meat, $2$ kg of cheese and $5$ liters of milk.

Are the wild animals on Freelands assets of Wahyuni Resort? Why or Why not? Does the live stock of animals $($the hen, lamb and milk cows$)$ are the assets of Wahyuni Resort? How the company should account this livestock and inventory in their financial report?