Assignment:
Your colleague argues that R&D for ResearchCo should be capitalized and amortized. If R&D is capitalized, what will be the starting R&D asset, investment in R&D, amortization of R&D, and ending R&D asset by year in the five-year forecast? Use straight-line amortization over three years, with the first amortization charge deducted the following year.
Your answer must be, typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.