On March 2022, Dynamo Research, Inc. has developed another breakthrough product which entails it to incur research and development cost amounting to 126,000 relating to an invention the patent of...

On March 2022, Dynamo Research, Inc. has developed another breakthrough product which entails it to

incur research and development cost amounting to 126,000 relating to an invention the patent of which

was granted on June 1, 2022.

The patent right was granted to the company for 20 years, and its estimated economic life is 10 years. The

average patent life for the company is 15 years. The total cost of registering the patent amounted to

54,000. In its December 31, 2022 balance sheet, Dynamo Research should report net patent at

A
.

171,000 B. 169,500 C. 50,850 D. 51,300