Hi I need help answer the following question thank you

A company incurred the following costs related to research and development (R&D) for the current year R&D salaries R&D supplies consumed Equipment used in R&D projects Payment for services to others for R&D projects Purchase of in-process R&D in a business acquisition $16 , 280,000 64 , 2 , 12 , The equipment will be used in other projects. Depreciation in the current year is $110.000. For what amount should the company report research and development expense? Multiple Choice $750,000 $1,360,000 $590,000 $870.000