Tatum Incorporated manufactures wooden toys. It prepares its financial statements in accordance with IFRS. The CFO notes that in addition to the standard purchase and conversion costs of $2.3 million, the following inventory costs must be allocated either to inventory or expensed in the current period. Costs for climate controlled storage units necessary for specialty wood materials of $160,000; Transportation costs to priority and international customers of $250,000; Taxes and import duties of $275,000. What amount will the CFO most likely expense in the current period rather than include in product costs? $275,000 $160,000 $250,000