In 2021, starsearch corporation began work on three research and development projects. one of the projects was completed and commercial production of the developed product began in december. the company's fiscal year-end is december 31. all of the following 2021 expenditures were included in the r& d expense account: salaries and wages for: lab research $ 450,000 design and construction of preproduction prototype 310,000 quality control during commercial production 35,000 materials and supplies consumed for: lab research 75,000 construction of preproduction prototype 45,000 purchase of equipment 750,000 patent filing and legal fees for completed project 55,000 payments to others for research 195,000 total $ 1,915,000 $275,000 of equipment was purchased solely for use in one of the projects. after the project is completed, the equipment will be abandoned. the remaining $475,000 in equipment will be used on future r& d projects. the useful life of equipment is five years. assume that all of the equipment was acquired at the beginning of the year. required: prepare journal entries, reclassifying amounts in r& d expense, to reflect the appropriate treatment of the expenditures.