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What is the capitalized cost of the patent

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Reference no: EM132749866

Problem 1: How do you calculate for the capital cost? Do exclude the $90,000? If a company spends $600,000 on research and $800,000 on development to earn a patent on a new invention. All of the legal costs to establish the patent amounted to $50,000. The company also had to spend an additional $90,000 to defend the patent (successfully) against a law suit. What is the capitalized cost of this patent?

Reference no: EM132749866

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