18 ) MaBelle Corporation incurred the following costs in 2015 :
Acquisition of R & D equipment with a useful life of 4 years in R & D projects $ 800,000
Start-up costs incurred when opening a new plant 140,000
Advertising expense to introduce a new product 700,000
Engineering costs incurred to advance a product to full production stage 500,000
What amount should MaBelle record as research & development expense in 2015 ?
19 ) Jenks Corporation acquired Linebrink Products on January 1 , 2015 for $ 8,000,000 , and recorded goodwill of $ 1,500,000 as a result of that purchase . At December 31 , 2015 , Linebrink Products had a fair value of $ 6,800,000 . The net identifiable assets of the Linebrink ( excluding goodwill ) had a fair value of