In 2024, Starsearch Corporation began work on three research and development projects. One of the projects was completed and commercial production of the developed product began in December. The company's fiscal year-end is December 31. All of the following 2024 expenditures were included in the R&D expense account: Salaries and wages for: Lab research $ 490,000 Design and construction of preproduction prototype 350,000 Quality control during commercial production 39,000 Materials and supplies consumed for: Lab research 79,000 Construction of preproduction prototype 49,000 Purchase of equipment 790,000 Patent filing and legal fees for completed project 59,000 Payments to others for research 215,000 Total $ 2,071,000 A total of $295,000 of equipment was