During Year 1, Reforce Company conducted research and development on a new product and incurred $60,000 research and $300,000 development cost. The company had determined that all of the IAS 38 criteria have been met for capitalization of development cost. On January 2, Year 2, the product is ready for sale and is expected to be marketable for 3 years.

What was the impact on Year 2 net income under IFRS?

	A.	$300,000 Amortization expense was debited
	B.	$100,000 Amortization expense was debited.
	C.	$100,000 Development cost was debited
	D.	There was no impact on Year 2 net income.