Which of the following costs will NOT be included in the cost of an item recognized as Property, Plant and Equipment? 1) dismantling costs at the end of the assets useful life; 2) architects honoraria related to putting the asset into use; 3) staff training; 4) refundable import fees; 5) the assets purchase price.

PICK ONE :

A) None of the listed costs will be included in the cost of the asset

B) Only items (3) and (4)

C) Only items (2), (3) and (4)

D) Only items (1), (2) and (5)