MaBelle Corporation incurred the following costs in 2021:

Acquisition of R&D equipment with a useful life of 4 years in R&D projects $800,000 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 600,000

What amount should MaBelle report as research & development expense in 2021?

A) $1,400,000

B) $1,540,000

C) $1,040,000

D) $ 800,000