Carey Ltd has research and development activities to produce a new coffee machine. For this research and development, the following expenditures have been incurred: While the actual sales of "L'Arte" is not known untiflate 2023, the prototype has received many compliments from at-home coffee makers and caf baristas. It is expected to be a very large market for the product, potentially generating millions of dollars in revenue. Required: Determine which of the above expenditures would be considered as research and which ones as development and how they are treated for accounting purposes in accordance with AASB 138. Calculate how much of the above expenditures would qualify to be shown as an intangible asset and whether it is subject to amortisation charges