Diaz Company incurred the following costs during the year 2020.

1.	Salaries expense related to design for a trademark with an indefinite estimated life	$12,000
2.	Materials used for research and development projects for the current year	20,000
3.	Fees paid to external consultants related to research and development projects	60,000
4.	Trouble-shooting in connection with breakdowns during production	36,000
5.	Design of tooling involving new technology	18,000
6.	Cost of equipment (purchased January 2019) that will have alternative uses over 6 years	160,000
7.	Salaries expense related to updates to an existing product	80,000
8.	Allocation of rent expense for a facility partially used for research and development activities	30,000
9.	Routine testing of product during commercial production	56,000

Determine the amount of research and development costs that would be disclosed in the financial statements of Diaz company for the year 2020.

Note: Round your answer to the nearest whole dollar.