The 7 Dwarves Mining Co incurred the following costs: Mine Site Costs incurred in exploration and evaluation Status at year-end Sleepy $600,000 Producing @5% of reserves Bashful $400,000 Abandoned Grumpy $200,000 In development How much would be capitalized as "intangible assets" under the full cost method? $800,000 O $1,200,000 O $1,000,000 O $600,000 Question 7 1 pts The 7 Dwarves Mining Co incurred the following costs: Mine Site Costs incurred in exploration and evaluation Status at year-end Sleepy $600,000 Producing @5% of reserves Bashful $400,000 Abandoned Grumpy $200,000 In development How much would be capitalized as "intangible assets" under the successful efforts method