During the year, Ombrevalle incurred 120,000 of research expenditure on new materials, 80,000 of development expenditure on a sensor before all the capitalisation criteria were demonstrated, then 150,000 of development expenditure capitalised once the criteria were met. It also incurred 40,000 of advertising for the sensor launch. What amount of research and development expenditure recognised as an expense must it disclose?
- Research expenditure
- 120,000
- Development incurred before the criteria were demonstrated
- 80,000
- Development capitalised
- 150,000
- Launch advertising
- 40,000