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Courage Company incurred the following costs in the current year:
R and D equipment with useful life of four years
in various R and D projects 1 800 000
Start up costs incurred when opening a new product 4 200 000
Advertising expense to introduce a new product. 2 100 000
Engineering costs incurred to advance a product to full
production stage but economic viability is not yet achieved 1 200 000
What amount should be recorded as research and development expense?
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