Jameson Limited was involved in a mining exploration business. It commenced a project to design more efficient opal detecting equipment. The following expenditures occurred during the financial year ended 30 June 2022: researchers salary $67965; research consumables $10344; re-development of the detecting equipment $7440; final adjustments to the detecting equipment $1556. The amount to be capitalised by this company as an intangible asset, for the 2022 financial year, is: