Question - Alfalfa's, a socially conscious maker of premium whole foods, had the following costs associated with two new products:

Recipe development costs - $ 45,000

Laboratory equipment used exclusively for research - 15,000

Laboratory equipment having future uses in other R&D projects - 45,000

Legal costs of patent applications - 8,880

Internal design costs of trademark - 5,000

Trademark registrations - 4,200

Manufacturing equipment - 120,000

Mfg. equipment set-up and trial run costs - 15,000

Depreciation of building (30% of space is occupied by R&D department) - 400,000

Pollution control equipment - 50,000

Advertising - 27,900

Litigation costs associated with successful defense of patent - 5,700

Required - Assume that all equipment has a ten-year life and that straight line depreciation is used. Determine the proper accounting treatment for each of the above costs and prepare a summary journal entry to properly record the costs.