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Help me please now now QUESTION 5 (10 Marks) Lab Limited began researching and developing a wireless moderm-one which truly did not have any wires

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Help me please now now QUESTION 5 (10 Marks) Lab Limited began researching and developing a wireless moderm-one which truly did not have any wires -something they planned to call the wireless. The following is a suoOmmary of the costs incurred by the Research and Development department each year 2018 R&D costs NS 180 000 2019 RSD costs NS 100 000 2020 R $ D costs NS 80 000 Additional information The costs listed above were incurred evenly throughout each year Included in the cost incurred in 2018 are administrative costs of N$60 000 that are not considered to be directly attributable to the research and development process. The first two months of the year were dedicated to research and development process. The first two months of the year were dedicated to research. Development began from 1 March 2018 but all 6 recognition criteria for capitalisation of development costs were only met on 1 April 2018. Included in the costs incurred in 2019 are administrative costs of N$ 20 000 that are considered to be directly attributable to the research and development process Included in the cost incurred in 2020 are training costs of N$ 30 000 that are considered to be directly attributable to the research and development process: in preparation for the completion of the development process, certain employees were trained on how to operate the asset. REQUIRED Show all Journal related to the costs incurred for each of the years ended 31 December 2018, 2019, and 2020. (10 marks)

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