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Real Madrid CF Corp. financial statements for the years ended December 31, included the following:...

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Accounting

Real Madrid CF Corp. financial statements for the years ended December 31, included the following: 1 Year: 2016 | 2015 | 2014 | 2013 | 2012; Net sales: $14133 | 12677 | 10739 | 9864 | 8684; R & D expense: $2776 | 2279 | 1805 | 1567 | 1340; Pretax income: $4443 | 2594 | 2867 | 2528 | 2017; Tax expense: $-1244 | -642 | -775 | -758 | -609; Net income: $3199 | 1952 | 2092 | 1770 | 1408; Shareholders' equity: $8887 | 8810 | 7933 | 6954 | 5506; Total assets: $20574 | 18302 | 14991 | 14251 | 12339; Real Madrid CF Corp. expensed all research and development expenditures immediately as incurred. Assume all research and development expenditures were spent on June 30 of each year. What will be research and development expense in 2016 if Real Madrid CF Corp. capitalized all research and development expenditures and amortized it over 3 years?

A. 2288

B. 1884

C. 2086

D. 2776

E. 2279

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