Question: CyberBest started to develop an anti-malware application on August 1, 20X1. It reached technological feasibility on March 1, 20X2, and the application was released on
CyberBest started to develop an anti-malware application on August 1, 20X1. It reached technological feasibility on March 1, 20X2, and the application was released on April 30, 20X2. Below are costs to develop the application. (Copyright Obeua Persons. All rights reserved.) August 1 through December 31, 20X1 $5,000,000 January 1 through February 28, 20X2 1,600,000 March 1 through April 30, 20X2 1,800,000 Determine the amount of asset and the amount of R&D expenses relating to the development of this anti-malware application. (Copyright Obeua Persons. All rights reserved.) Group of answer choices $6,600,000 asset, and $1,800,000 R&D expenses $1,800,000 asset, and $6,600,000 R&D expenses $8,400,000 asset, and $0 R&D expenses $5,000,000 asset, and $3,400,000 R&D expenses $3,400,000 asset, and $5,000,000 R&D expenses
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