<prompt> Translate the following text to EnglishKohlers Dictionary of Accounting inasema: Mfumo wa uhasibu unaojumuisha gharama halisi ya kila kitu kilichohifadhiwa pamoja na gharama za nyongeza, maboresho, mabadiliko, ukarabati, au uingizwaji ambao huongeza maisha ya faida ya mali.  <response>: Kohlers Dictionary for Accountants TOTAL COST METHOD - An accounting method that includes the actual acquisition cost of each item held plus the costs of any additions, improvements, alterations, rehabilitations, or replacements that extend the useful life of an asset. 