QUESTION $34$

Given the following R&D Expenditure history

$\backslash$table$[[$Year$,$R&D Expense,Unamortized portion,Amortization this year,$],[$Current$,1124\mathrm{.}00,1\mathrm{.}00,1124\mathrm{.}00,0\mathrm{.}00,],[-1,1026\mathrm{.}00,0\mathrm{.}80,820\mathrm{.}80,$$$,205\mathrm{.}20],[-2,698\mathrm{.}00,0\mathrm{.}60,418\mathrm{.}80,$$$,139\mathrm{.}60],[-3,399\mathrm{.}00,0\mathrm{.}40,159\mathrm{.}60,$$$,79\mathrm{.}80],[-4,211\mathrm{.}00,0\mathrm{.}20,42\mathrm{.}20,$$$,42\mathrm{.}20],[-5,89\mathrm{.}00,0\mathrm{.}00,0\mathrm{.}00,$$$,17\mathrm{.}80]]$

and a net income for the year $($ before R&D capitalization$)$ of $$11223,$ what is the adjusted net income after R&D capitalization?

$12347$

$10738$

$11862$

$7821$