3. Staton Industries Ltd. is a company in the high-technology industry. Staton has been working on deveIOping a new solar panel technology. The technology meets all of the six criteria required in order to capitalize development costs. During 2022, Staton incurred the following costs related to research and development: Rent of facility $ 250,000 Salaries of research staff 290,000 Legal costs to obtain new patent for technology 40,000 Legal costs of defending new patent in court , 36,000 Materials consumed in manufacture of prototypes 13,100 Consulting fees paid for general research 45,200 Indirect costs related to research and development 9,700 -' 3 Instructions Calculate the amount that Staton would be allowed to capitalize as an intangible asset for 2020, assuming that Staton follows IFRS