Which statement(s) is (are) true? (1) A government grant can be in cash, non-monetary assets or a reduction in liabilities. (ii) In terms of IAS 23 Borrowing Costs, a company can elect to capitalize borrowings on qualifying assets. (iii) Inventory can be a qualifying asset under IAS 23 Borrowing Costs. Select one: a. (iii) only b. (i) only c. (i) and (ii) d. (i) and (ii) e. (i) only