Question:Martha Beyerlein Company incurred $150,000 of research and development costs in its laboratory to develop a patent granted on January 2, 2002. On July 31,2002, Beyerlein paid $35,000 for legal fees in a successful defense of the patent. The total debited to patents through July 31,2002, should be:
A $150,000
B $35,000
C $185,000
D some other amount.
+ AnswerB
+ Report
Total Preview: 1230