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Grayson Co. incurred significant costs in defending its patent rights. Which of the following is the appropriate treatment of the related litigation costs? O Litigation

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Grayson Co. incurred significant costs in defending its patent rights. Which of the following is the appropriate treatment of the related litigation costs? O Litigation costs would be capitalized only if the patent was purchased rather than internally developed. Litigation costs would be expensed regardless of the outcome of the litigation O Litigation costs would be capitalized regardless of the outcome of the litigation Litigation costs would be capitalized if the patent right is successfully defended

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