Question: 4 As you know we capitalize the work (engineering and legal) that leads to our taking patents to protect our intellectual capital. In 20X1 we

4 As you know we capitalize the work (engineering and legal) that leads to our taking patents to protect our intellectual capital. In 20X1 we are valuing the new patents registered in our name for 160,000 CU, down from 340,000 in 20X0. I have been worried by this downward trend and have inquired to find that our patents department has been understaffed due to two sick leaves and is way behind in filing applications for new patents.

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