58. Hall Co. incurred research and development costs in 2013 as follows: Materials used in research and development projects - $450,000 Equipment acquired that will have alternate future uses in future research and development projects - 3,000,000 Depreciation for 2013 on above equipment - 500,000 Personnel costs of persons involved in research and development projects - 750,000 Consulting fees paid to outsiders for research and development projects - 300,000 Indirect costs reasonably allocable to research and development projects - 225,000 Total - $5,225,000 The amount of research and development costs charged to Hall's 2013 income statement should be A) $2,000,000. B) $1,700,000. C) $2,225,000. D) $4,700,000