Question: kindly show calculation properly and please answer in 30mins only answer the required point with calculation no extra explanation Question 6 of 12 Question 6

 kindly show calculation properly and please answer in 30mins only answer

kindly show calculation properly and please answer in 30mins only answer the required point with calculation no extra explanation

Question 6 of 12 Question 6 4.5 points Muharraq Co. paid the following different costs in 2020: 1. $1,200,000 to acquire a machine to be used in the R&D projects. The machine has a 6-year useful life (Muharraq Co. started using the machine on 1 January 2020 and a straight-line depreciation method is applied). 2. $750,000 for construction costs incurred to open a new plant. 3. $230,000 for salaries expenses to the workers who investigate a new formula 4. $310,000 for material and equipment used in research and development project. 5. $270,000 for advertising expenses to the new products. 6. $190,000 for consultation services provided by Manama Co. during the research process. Required: How much Muharraq Co. should record as Research & Development expense in 2020? (Show your calculations)

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