Maghielse Company incurred the following expenses: Examining the feasibility of potential new products $45,000 Depreciation on research equipment $110,000 Periodic design improvements of existing product $35,000 Engineering work during first batch of commercial production $20,000 Legal work in connection with patent applications $30,000 The total amount to be expensed as Research and Development is: Select one: O a $45,000 O b. $ 155,000 O c. $110,000 O d. $175,000 e. $185,000