Cullumber Land Corporation incurred the following costs in 2020. $137,000 101,000 Cost of laboratory research aimed at discovery of new knowledge Cost of testing in search for product alternatives Cost of engineering activity required to advance the design of product to the manufacturing stage Prototype testing subsequent to meeting economic viability 217.000 94.000 $549,000 Prepare the necessary 2020 journal entry for Cullumber Land. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Account Titles and Explanation Debit Credit