Your client, Druggacon, Inc., sells a life-saving drug used by patients with leukemia. Critics have accused the company of producing a drug that "costs 10 cents to make but sells for nearly $800 per dose." You client has asked you, their accountant, to issue a press release saying that the drug costs $250 per dose, not 10 cents. For this statement to be truthful, you would have to factor in the Research and Development cost that Druggacon, Inc., incurred in developing this drug. You note, however, that the company expenses Research and Development on its financial statements when incurred, and does not capitalize it.
Can you ethically issue the press release requested by your client?