MaBelle Corporation incurred the following costs in 2010: Acquisition of R&D equipment with a useful life of 4 years in R&D projects $600,000 Start-up costs incurred when opening a new plant 140,000 Advertising expense to introduce a new product 700,000 Engineering costs incurred to advance a product to full production stage 400,000 What amount should MaBelle record as research & development expense in 2010? a. $ 550,000 b. $ 740,000 c. $1,000,000 d. $1,140,000