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Find how much is the research and development expense

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Reference no: EM132531071

Megan Co. incurred the following costs during 20x3:

  1. Activities directed to the development of knowledge, including the design and comstruction engineering of a prototype equipment. 4,800,000
  2. Design of tools, jigs, and dies involving new technology. 7,800,000
  3. Legal work on patent applications, sale, licensing or litigation. 3,000,000
  4. Design, construction and operation of a pilot plant not of a scale economically feasible for commercial production. 5,225,000

Question 1: How much is the research and development expense in 20x1?

Reference no: EM132531071

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