35. Platteville Corporation has t 12/31/18: Amortization expense Goodwill poration has the following account balances at Patent, net of $60,000 amortization S 20,000 280,000 160,000 at amount should Platteville report for intangible assets on the 12/31/18 balance sheet? A) $160,000 B) S220,000 C) S440,000 D) $460,000 36. Hall Co. incurred research and development costs in 2018 as follows: Materials used in research and development projects 950,00 Equipment acquired that will have alternate future uses in future research 3,000,00 and development projects Depreciation for 2018 on above equipment 500,00 Personnel costs of persons involved in research and 750,00 development projects 300,00 Consulting fees paid to outsiders for research and development projects 225,00 Indirect costs reasonably allocable to research and development projects $5,725.00 The amount of research and development costs charged to Hall's 2018 income statement should be A) $2,000,000. B) $2,200,000. C) $2,725,000. D) $5,000,000. 33. Buerhle Company needs to de intangibles other than goodwil Company needs to determine if its indefinite-l Other than goodwill have been impaired and should be reduced or written off on its balance shee impairment test(s) to be used is (are) Recoverability Fair Value Test Test Yes Yes atten off on its balance sheet. The A) B) C Yes No No No Yes D ) No 34. Day Company purchased a patent on January 1, 2017 for $640,000. The patent had a remaining useful life of 10 years at that date. In January of 2018, Day successfully defends the patent at a cost of $288.000, extending the patent's life to 12/31/29. What amount of amortization expense would Day record in 2018? A) $64,000 B) $72,000 C) $77,000 D) $96,000