Question $49(1$ point$)$

The New Deal is a used$-$car dealership that owns following four assets:

Cars and vans which they plan to sell to customers

A van which is used to provide courtesy rides to customers who are having their cars serviced at the dealership.

A show room used to display some of the more high$-$end vehicles for sale

A building and land which was purchased as an investment which are not used in the company's operations.

Which of the four assets are plant assets?

Items $2$ and $3$ are plant assets.

Items $1,3$ and $4$ are plant assets.

Items $1$ and $2$ are plant assets.

Items $3$ and $4$ are plant assets.