Tesla incurred the following costs related to research and development (R&D) for the current year: R&D salaries $132,000 R&D supplies consumed 252,000 Equipment used in R&D projects 612,000 Payment for services to others for R&D projects 172,000 92,000 Purchase of in-process R&D in a business acquisition Depreciation in the current year is $82,000. For what amount should the company report research and development expense? Multiple Choice $730,000