On January $1,2020,$ Floyd Inc. purchases Haeger Inc. for $$1\mathrm{.}6$ million in cash. Haeger$$s balance sheet dated December $31,2019,$ reports $$1\mathrm{.}24$ million in total net assets. An analysis conducted by Floyd onStarr Enterprises plans to spend $$6\mathrm{.}2$ million to build a new research facility that will be used to research and develop a prototype flying car with auto$-$pilot. The building will be built over a two$-$year period, with $60\%$ of costs incurred in the first year and $40\%$ in the second year. They expect the flying car project to be complete in $20$ years after the completion of the building, and they hope to sell the building at the end of the project for $$5\mathrm{.}7$ million. How much of the building costs should thStarr Enterprises plans to spend $$6\mathrm{.}2$ million to build a new research facility that will be used to research and develop a prototype flying car with auto$-$pilot. The building will be built over a two$-$year period, with $60\%$ of costs incurred in the first year and $40\%$ in the second year. They expect the flying car project to be complete in $20$ years after the completion of the building, and they hope to sell the building at the end of the project for $$5\mathrm{.}7$ million. How much of the building costs should they expense in the second year of construction?ey expense in the second year of construction?ber $31$ suggests that the book value of Haeger$$s