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XPO Company incurred the following costs during the year: Research and development costs $112,000 Patent 22,500 Trademark 27,500 Marketing costs 40,000 Copyright 62,750 Calculate the

XPO Company incurred the following costs during the year:

Research and development costs

$112,000

Patent

22,500

Trademark

27,500

Marketing costs

40,000

Copyright

62,750

Calculate the total amount of costs that should be capitalized.

a $224,750

b $264,750

c $172,750

d $112,750

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