Hyland Companys research and development (R&D) records contained the following information for 2020.

Materials used in R&D projects		$ 720,000
Equipment acquired that will have significant alternative future uses including future R&D projects.		3,600,000
Depreciation expense for 2020 on above equipment		900,000
Personnel costs involved in R&D projects		1,800,000
Consulting fees paid to outsiders for R&D projects		180,000
Indirect costs reasonably allocable to R&D projects		360,000
		$7,560,000

Required

Determine the amount of research and development costs debited to expense and reported on Hylands 2020 income statement.