Question: BE 1 2 . 1 3 ( LO 5 ) Indicate whether the following items are capitalized or expensed in the current year. a .

BE12.13(LO 5) Indicate whether the following items are capitalized or expensed in the current year.
a. Purchase cost of a patent from a competitor.
b. Research and development costs.
c. Organizational costs.
d. Costs incurred internally to create goodwill.

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