Rooney Company Incurred $560,000 of Research and Development Cost in Its

Multiple Choice

Rooney Company incurred $560,000 of research and development cost in its laboratory to develop a patent granted on January 1, 2015. On July 31, 2015, Rooney paid $84,000 for legal fees in a successful defense of the patent. The total amount debited to Patents through July 31, 2015, should be:

A) $560,000.
B) $84,000.
C) $644,000.
D) $476,000.