1) Brill Co. made the following expenditures during the current year: Costs to d

ID: 2381780 • Letter: 1

Question

1) Brill Co. made the following expenditures during the current year:

Costs to develop computer software for use in Brill

Brill Co. made the following expenditures during the current year: Costs to develop computer software for use in Brill's general management information system: $100,000 Cost of market research activities: $75,000 What amount of these expenditures should Brill report in its current year income statement as R&D; expense under US GAAP? A) $175,000 B) $100,000 C) $75,000 D) $0