Question 24 Hayley Corporation incurred P102,270 in research cost. The company also incurred P88,125 consulting fees and P173,524 construction cost of prototype, with both cost incurred before technological feasibility was established. Additionally, quality control costs worth P88,124 and troubleshooting costs worth P38,016 were incurred after technological feasibility was established. How much Research and Development expenditure should be expensed during the period