During 2023 , Crant Compuiny purchased a buiteine site far itt praposed researth and developsent laboratery at a tast of $53000. placed in service on January 2, 2025. The estimated usefal ilfe of the builing tor depteriation gurposes was 20 years. The itraghtline method of elepreciatian was bo be etheloved, and there wan no estimated residual value. cumnary of the nurber ef projocts and the direct couts incurredin conjunction with the retesech and devalaprent aetivitiet far 2025 apoears belove Upos tecormmendatien of the resnarch and development group. Crane Compary seq-irod a patera for mavif acturing rights at a tost of $60000. The patent was acoured on April 1,2024 and bas an economir life af 50 vear. If gener ally accepeed accountirs principles were followbd, heve would theicerns above telatirs to retearch and develapenent activities bereported on the following haneial statementel (a) The ciorpary t incorse statement for 2025 Atternots: 1 of 4 arsed (b) The corpary s balance sheet as of Decernber 31,2025