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On March 1 7 , Advanced Technologies developed a patent related to laser surgery techniques. They spent $ 1 , 3 3 0 , 0

On March 17, Advanced Technologies developed a patent related to laser surgery techniques. They spent $1,330,000 to develop the patent internally, consisting of personnel ($865,000), equipment ($339,000), and materials ($126,000). The company also had the following additional costs: $33,000 in legal fees associated with the purchase and filing of the patent, $48,000 to advertise its new laser surgery techniques, and $58,000 to train employees. What is the recorded cost of the patent?

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