Which of the following statements regarding a statement of financial position (balance sheet) is correct according to IAS 1 Presentation of Financial Statements?

Deferred tax assets or liabilities can be classified as current assets or current liabilities

Investment property must be disclosed separately from property, plant and equipment on the face of the statement of financial position

To classify an asset as non-current, an entity must expect to realise the asset, or consume it, within its normal operating cycle

The statement of financial position must be presented in a vertical format