Your first task is to consider the treatment of the research and development costs. The research and development of the production process and brand, ErgoMax have been completed during the current financial year. You have contacted Chidi Makuto, the project manager, to gather all the relevant information for you to assess the project. You have received email from Chidi, with the subject ErgoMax R&D. You will find the email in your task resources. For the year ended 31 December 20X8, what is the amount that will be expensed to the statement of profit or loss and the carrying amount in the statement of financial position for ErgoMax? Solution A.Expensed: B$160,000 | Carry amount: B$320,000 B.Expensed: B$170,000 | Carry amount: B$380,000 C.Expensed: B$230,000 | Carry amount: B$320,000 D.Expensed: B$27,500 | Carry amount: B$522,250