In 20| 3, Starsearch Corporation began work on three research and development projects. One of the projects was completed and commercial production of the " assesses" "peaaua'sgars ' iii 'D'rb'i'" Ed assay; 'searyarana" is passages I ".' ' " All of the following 20|3 expenditures were included in the R&D expense account: Salaries and wages for: Lab research S 300,000 Design and construction of preproduction prototype 160,000 Quality control during commercial production 20,000 Materials and supplies consumed for: Lab research 60,000 Construction of preproduction prototype 30,000 Purchase of equipment 600,000 Patent filing and legal fees for completed project 40,000 Payments to others for research 120,000 Total $1,330,000 $200,000 of equipment was purchased solely for use in one of the projects.After the project is completed, the equipment will be abandoned.The remaining $400,000 in equipment will be used on future R&D projects.The useful life of equipment is ve years.Assume that all of the equipment was acquired at the beginning of the year. >Required: >Prepare journal entries, reclassifying amounts in R&D expense, to reect the appropriate treatment of the expenditures