Cullumber Belting Corporation, which uses straight-line amortization and depreciation, incurred the following costs in 2026 in connection with its research and development activities: Construction of an R&D facility with a useful life of $2867000 10 years (no salvage) Acquisition of a patent with a 3-year remaining useful life to be used on the current research project only Advertising expense to introduce a newly patented product 187000 186500 Engineering costs incurred to create prototype 631000 Materials to be used on current and future research projects Supplies used 26500 10500 What amount should Cullumber Belting Corporation report as research & development expense in 2026