Use the Following Information for Questions

question 6

Multiple Choice

Use the following information for questions
Jessup Corp.will acquire a controlling stake in the outstanding shares of Parasol Inc.for
$9.2 million in cash.
-Beasley Corp.incurred $160,000 of basic research and $50,000 of development costs to develop a product for which a patent was granted on January 2, 2005.Legal fees and other costs associated with registration of the patent totalled $60,000.On March 31, 2010, Beasley paid $90,000 for legal fees in a successful defence of the patent.The total amount capitalized for the patent through March 31, 2010 should be

• A)$360,000.
• B)$270,000.
• C)$200,000.
• D)$150,000.

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Definitions:

Paraphilias

Patterns in which a person has recurrent and intense sexual urges, fantasies, or behaviors involving nonhuman objects, children, nonconsenting adults, or experiences of suffering or humiliation.

Paranoid Personality Disorder

A mental health condition characterized by pervasive distrust and suspicion of others without adequate reason.

Schizoid Personality Disorder

A personality disorder characterized by a lack of interest in social relationships, emotional coldness, and detachment.

Distrust

The feeling of suspicion or doubt about the reliability or trustworthiness of someone or something.