Brill Co. made the following expenditures during 2006:
align=”left”>
|
Costs to develop computer software for internal use in Brill’s general management information system |
$100,000 |
|
Costs of market research activities |
75,000 |
What amount of these expenditures should Brill report in its 2006 income statement as research and development expenses?
- $175,000
- $100,000
- $ 75,000
- $0