this is the qtn below and diff resources are giving different answers so please help out.
The time spent on this development meant that the company missed out on the opportunity of earning an estimated $800,000 contribution from the sale of another product. The company has applied for and been granted a ten-year patent for the technology, although it must be renewed each year at a cost of $200,000. The costs of the patent application were $500,000, which included $20,000 for the salary costs of Shoe Co’s lawyer, who is a permanent employee of the company and was responsible for preparing the application. here for cost calculation what to do. shld we take into account the oppurtunity costs ? and for the patent registration do e take 500k or do we deduct the 20k salary as it is not incremental to this product?