Cost of a Patent Befort Company filed for a patent on a new type of machine. The application costs totaled $14,000. RaD costs incurred to create the machine were $75,000. In the year in which the company filed for and received the patent, it spent $20,000 in the successful defense of a patent infringement suit. Requiredt 1. At what amount should the company capitalize the patent? 1. 2. Next Level Factors used to determine the economic life of a patent include