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On july 31 2017 sunland paid 72000 for legal fees in a

Question - Sunland Company incurred $840000 of research and development costs in its laboratory to develop a new product. It spent $138000 in legal fees for a patent granted on January 2, 2017. On July 31, 2017, Sunland paid $72000 for legal fees in a successful defense of the patent. What is the total amount that should be debited to Patents through July 31, 2017?

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Accounting Basics: On july 31 2017 sunland paid 72000 for legal fees in a

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