CALCULATOR FULL SCREEN CPA Multiple Choice Question 05 During 2005, Vest Co. incurred the following costs: Testing in search for process alternatives Routine design of tools, jigs, molds, and dies Modification of the formulation of a process Research and development services performed by Acme Corp. for Vest $280,000 250,000 410,000 325,000 In Vest's 2005 income statement, research and development expense should be $410,000. $1,015,000. $735,000 $1,265,000