In 2020, Edwards Corporation incurred research and development costs as follows: Materials and equipment $110000 Personnel 130000 Indirect costs 170000 $410000 These costs relate to a product that will be marketed in 2021. It is estimated that these costs will be recouped by December 31, 2023. The equipment has no alternative future use. What is the amount of research and development costs that should be expensed in 2020? $0. $410000. $280000. $300000.