Personnel 130,000
Indirect costs 150,000
$ 390,000
These costs relate to a product that will be marketed in 2016 . It is estimated that these costs will be recouped by December 31 , 2018 . The equipment has no alternative future use . What is the amount of research and development costs that should be expensed in 2015 ?
19 ) The carrying value of an intangible is
20 ) Under current accounting practice , intangible assets are classified as