Research Corp., a publicly accountable entity, incurred the following costs in its research and development division:

	Jan 1 - July 31, 2012	Aug 1- Dec. 31, 2012
Materials	10,000	12,000
Labour costs	15,000	32,000
Directly attributable overhead	8,000	15,000

At July 31, 2012, Research Corp. determined that the project was technically feasible and commercially viable. Research Corp. had sufficient resources and intentions to complete the project and was confident that there was demand in the marketplace for the product. How much, if any, of the costs can be capitalized for fiscal 2012?