CyberBest started to develop an anti-malware application on August 1, 20X1. It reached technological feasibility on March 1, 20X2, and the application was released on April 30, 20X2. Below are costs to develop the application.  August 1 through December 31, 20X1                 $5,000,000 January 1 through February 28, 20X2                     1,600,000 March 1 through April 30, 20X2                              1,800,000 Determine the amount of asset and the amount of R&D expenses relating to  the development of this anti-malware application.    $1,800,000 asset, and $6,600,000 R&D expenses            $5,000,000 asset, and $3,400,000 R&D expenses            $6,600,000 asset, and $1,800,000 R&D expenses            $3,400,000 asset, and $5,000,000 R&D expenses

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CyberBest started to develop an anti-malware application on August 1, 20X1. It reached technological feasibility on March 1, 20X2, and the application was released on April 30, 20X2. Below are costs to develop the application. 

August 1 through December 31, 20X1                 $5,000,000

January 1 through February 28, 20X2                     1,600,000

March 1 through April 30, 20X2                              1,800,000

Determine the amount of asset and the amount of R&D expenses relating to  the development of this anti-malware application.

  
$1,800,000 asset, and $6,600,000 R&D expenses
 
 
 
 
  
$5,000,000 asset, and $3,400,000 R&D expenses
 
 
 
 
  
$6,600,000 asset, and $1,800,000 R&D expenses
 
 
 
 
  
$3,400,000 asset, and $5,000,000 R&D expenses
 
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