How much is the r-d amortization expenses

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Question - Over the past five years, Kanto reported Operating Expenses in the amount of $220 million (2021); $180 million (2020); $200 million (2019); $160 million (2018); and $140 million (2017); each year, 10% of the Operating Expenses is R&D.

As an analyst, you believe the R&D expenses should be capitalized in order to better gauge Kanto's financial position. You assume Kanto's R&D activities benefit the company, on average, for 4 years. When you do the accounting adjustments, how much is the R&D amortization expenses in 2021?

Reference no: EM133130407

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