Muharraq Co. paid the following different costs in 2019: 1. $1,000,000 to acquire a machine to be used in the R&D projects. The machine has a 5-year useful life (Moharraq Co. started using the machine on 1 January 2019 and a straight line depreciation method is applied) 2 $450,000 for construction costs incurred to open a new plant. 3.5350,000 for salaries expenses to the workers who investigate a new formula 4 $100,000 for material and equipment used in research and development project 3. $200,000 for advertising expenses to the new products 6. $150,000 for consulation services provided by Manama Co daring the research process Required: How much Muharraq Co, should record as Research & Development expense in 2019? (Show your calculations) For the toolbar, press ALT+F10 (FC) or ALT-IN-F10 (Mac BIVS Paragraph Arial 10pt I. *