A company incurred the follow costs related to research and development for the current year:

Technology development (salaries and supplies) $ 320,000

Engineering work performed by another company 150,000

Purchase of equipment 750,000

Testing new models 60,000

Legal fees for patent application 30,000

The equipment will be used in other projects. Depreciation in the current year is $90,000. For what amount should the company report research and development expense?

A: $500,000

B: $620,000

C: $650,000

D: $470,000

Digitalhealth electronics inc. is a company that builds diagnostic devices. it was the first company to develop a compact mri scanner by reconfiguring the components of the mri technology. this smaller and user-friendly version of the huge mri scanner created demand from small hospitals, nursing homes, and private practice doctors who were earlier dependent on the scanning machines in large hospitals. which of the following types of innovations does this scenario best illustrate? a. disruptive innovation b. incremental innovation c. radical innovation d. architectural innovation