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What is the total amount that bryant inc should expense

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Problem 1: What is the total amount that Bryant Inc. should expense during the year (versus the company capitalizing the costs):

1. Purchased the cost of a patent from another company for $165,500.
2. Incurred $278,900 of Research and Development Costs.
3. Internal costs incurred to create a patent for $105,490.
4. Purchased a tradename for $97,300.
5. Goodwill from purchasing another division for $205,800.

a) $ 852,990

b) $ 384,390

c) $ 278,900

d) $ 0

Reference no: EM132916873

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