In $2026,$ Leon Co$.$ incurred the following costs:

Testing in search for process alternatives $...................................................$$$380,000$

Costs of marketing research for new product..............................................$\mathrm{.}250,000$

Modification of the formulation of a process...............................................$\mathrm{.}560,000$

Research and development services performed by Beck Corp. for Leon...$\mathrm{.}475,000$

In Leon's $2026$ income statement, research and development expense should be:

Group of answer choices

$$560,000.$

$$1,415,000.$

$$1,635,000.$

$$1,035,000.$