TB MC Qu. 10-147 (Algo) A company incurred the follow costs... A company incurred the follow costs related to research and development for the current year 5:12 Technology development (salaries and supplies) Engineering work performed by another company Purchase of equipment Testing new models Legal fees for patent application $358,000 188,000 788,000 98,000 68,000 The equipment will be used in other projects. Depreciation in the current year is $128,000 For what amount should the company report research and development expense