Using the information in Appendix II, Michelle has asked Geoffrey to complete a draft memo to the board of directors to determine whether costs relating to the development of Carpets Cleanaway can be capitalized. Instructions: The next two sentences end in a comment that is bolded. You must decide how to best complete the sentence: you may leave the bolded comment in place (choose option 1) or replace it with an alternative comment. Draft memo To: Board of directors Re: "Carpets Cleanaway" You have asked me to review the Carpets Cleanaway project. Assuming that all of the development criteria have now been met, the $150,000 of expenditures incurred to date