During 2021, Krieger, Inc. incurred the following costs: Research and development services performed by Dell Company for Krieger Testing for evaluation of new products................ Laboratory research aimed at discovery of new knowledge $125,000 150,000 187,500 In its income statement for the year ended December 31, 2021, Krieger should report research and development expense of a. $462,500. b. $312,500. c. $150,000. d. $125,000