Berkshire Hathaway Company acquires a set of intangible assets from another company that is going out of business. BH pays the negotiated price of $38 million, and also pays $2 million in legal fees to register the assets with the appropriate international jurisdictions. BH estimates the following separate fair values for each of the acquired assets: - For a set of patents, $15 million - For a set of copyrights, $8 million - For a brand name, $10 million - For a customer list, \$17 million Compute at what values that BH should record each intangible asset upon acquiring them on 11/30/2022. Orbital Sciences Inc. started a research and development (R\&D) project at the beginning of 2022. OSI made the following expenditures in 2022 : - Wages and salaries of researchers, $150,000 - General and administrative costs for the project, $25,000 - Materials used in research, $40,000 - Equipment purchased on 1/1/2022 for use in this project and in future R\&D projects, $300,000. OSI plans to use the equipment for 10 years and sell it for $20,000 at that time. Compute the amount of research and development expense OSI should report for 2022