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Blossom Co. incurred research and development costs in 2021 as follows: Materials used in research and development projects 970,000 Equipment acquired that will have alternate

Blossom Co. incurred research and development costs in 2021 as follows:

Materials used in research and development projects 970,000
Equipment acquired that will have alternate future uses in future research
and development projects 3,200,000
Depreciation for 2021 on above equipment 533,333
Personnel costs of persons involved in research and development projects 770,000
Consulting fees paid to outsiders for research and development projects 320,000
Indirect costs reasonably allocable to research and development projects 245,000

$6,038,333

The amount of research and development costs charged to Blossom's 2021 income statement should be?

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