29. Halley plc has been developing new communications technology. Before 20x6, the current financial reporting year, the company had accounted for 1,200,000 as development expenses. In 20X6 Dowrich plc spent a further 1,872,720 on development spread evenly over the period 1 January to 30 September. On 1 May 20x6 the company determined that the IAS 38 criteria for development expenditure to be capitalized were satisfied. On 1 October 20X6 the technology started to be used and it was determined at this date that it had a useful life of ten years, What is the carrying amount of the development costs intangible asset which should be shown in Dowrich plc's statement of financial position at 31 December 20X6? A 971,040 B. 1,014,390 C. 1,825,902 D. 2.995,902