QUESTION 35 Thorogood Company incurred the following expenditures during 2019: Salaries and wages for research & development projects $300,000 Materials used in research & development projects 100,000 Purchase of equipment 600,000 Patent filing and legal costs for a developed project 75,000 The equipment has a five-year useful life and will be used for a number of research projects. Depreciation on the equipment in 2019 was $150,000. In its 2019 income statement, Thorogood should report total research & development costs of: A. $400,000. B. $1,000,000 C.$1,075,000 D. 5550,000. OE. None of the above. Click Save and Submit to save and submit. Click Save All Answers to save all answers, Save All Answers En 0BR OPWPX08 MacBook Pro