Utilizing Figure 2-3 (Eight Elements of Reasoning), develop the eight elements for the following issue: Daimler Auto Parts, Inc., headquartered in Munich, Germany, is attempting to register with the SEC in order to list its stock on the New York Stock Exchange. Daimler currently is capitalizing most of its research and development (R&D) costs. Management of Daimler has requested your advice in regards to the proper accounting for R&D as to conformity with U.S. GAAP and/or International Accounting Standards.