Tax Return Assignment
Throughout 2017, Kent Co. incurred $204,000 of analysis and improvement prices in its laboratory to develop a patent that was granted on July 1, 2017. Authorized charges and different prices related to registration of the patent totaled $41,000. The estimated financial lifetime of the patent is 10 years.

Top UniversitiesWhat quantity ought to Kent capitalize on for the patent on July 1, 2017?

$41,000
$245,000
$zero
$204,000
.