Muharraq Co. paid the following different costa in 2020: 1. S1,200,000 to acquire a machine to be used in the RAD projects The machine has a 6-year useful life (Muharaq Co. started wing the machine on...

Extracted text: Muharraq Co. paid the following different costa in 2020: 1. S1,200,000 to acquire a machine to be used in the RAD projects The machine has a 6-year useful life (Muharaq Co. started wing the machine on 1 Jamuary 2020 and a igha le depreciation method is applied) 2. $750,000 for construction costs incurred to open a new plant. 3. $230,000 for salaries expenses to the workers who investigate a new formula. 4. $310,000 for material and equipment used in research and development project 5. $270,000 for advertising expenses to the new products 6. S190,000 for consultation services provided by Manama Co. during the rescarch proces Required: How much Muharraq Co. should record as Research & Development expense in 20207 (Show your calculations)