Question: intermediate accounting- chapter 10 QUESTION 4 Modding Co. purchased a truck for use in the delivery of its gene therapy products in June 2020. They
QUESTION 4 Modding Co. purchased a truck for use in the delivery of its gene therapy products in June 2020. They paid $21,000 for the truck, as well as a $570 registration fee. In addition, one month after the purchase, they sent the truck to add a liquid nitrogen cooler to that allows the truck to transport super frozen gene therapy treatments. This upgrade cost $6,300. While the truck was in the shop, regular maintenance was undertaken and cost $1,010. In October 2020, the truck was sent for its annual smog inspection costing $50 What is the total capitalized cost for this truck as or Dec 31st 2007 3 points Answer QUESTIONS in 2020, the details for the latest software product from MyCrowsoft Co. are as follows $566,296 total spent on the project prior to the release to customers, of which $185.918 was spent prior to the project being technically feasible. What is the amount of R&D expense that My Crewsoft should recognize for this project
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