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Fury Co. incurred the following costs in 2010: Research and development services performed by Wakanda Corp. for Fury $150,000 Testing for evaluation of new products

Fury Co. incurred the following costs in 2010: Research and development services performed by Wakanda Corp. for Fury $150,000 Testing for evaluation of new products 125,000 Laboratory research aimed at discovery of new knowledge 185,000 What amount should Fury report as research and development costs in its income statement for the year ended December 31, 2010? 0 $125,000 o $335,000 0 $460,000 O $150,000

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