Below are financial details for a research laboratory. Salaries for lab research 1,250,000 Materials used in R&D projects 350,000 Purchase of equipment 550,000 Fees paid to outside contractors for R&D 400,000 Patent and other legal fees 95,000 Salaries for R&D performed for another firm 225,000 Equipment useful life 8 years Depreciation for the year 175,000 The equipment will be used for multiple R&D projects. What will R&D expense be for 2018?