Shanette Company incurred research and development costs in the current year as follows: Equipment acquired for use in various research and development projects 975,000 Depreciation on the above equipment 135,000 Materials used 200,000 Compensation costs of personnel 500,000 Outside consulting fees 150,000 Indirect costs appropriately allocated 250,000 What is the research and development expense the current year? A. 850,000 B. 1,085,000 C. 1,235,000 D. 1,825,000