Intro BioNTech is a biotech firm that expenses its R&D costs and reported an operating loss of $160 million in its most recent financial year. R&D expenses over the last 4 years were as follows (in millions of dollar): Year R&D expense Current 360 1 year ago 210 2 years ago 120 3 years ago 60 Part 2 Attempt 1/3 for 5 pts. What operating income should the firm have reported if R&D had been capitalized rather than expensed (in $ million)? 200 Try again See solution (-1.5 pts.) Try again Intro BioNTech is a biotech firm that expenses its R&D costs and reported an operating loss of $160 million in its most recent financial year. R&D expenses over the last 4 years were as follows (in millions of dollar): Year R&D expense Current 360 1 year ago 210 2 years ago 120 3 years ago 60 Part 2 Attempt 1/3 for 5 pts. What operating income should the firm have reported if R&D had been capitalized rather than expensed (in $ million)? 200 Try again See solution (-1.5 pts.) Try again