... nt)+(nD&R =Asset Research theof ValueThus, in the case of the research asset with a five-year life, you cumulate 1/5 of the R&Dexpenses from four years ago, 2/5 of the R & D expenses ... D expenses from three years ago, 3/5 of theR&D expenses from two years ago, 4/5 of the R&D expenses from last year and thisyear’s entire R&D expense to arrive at the value of the ... SG&A expenses, this would be the SG&A asset.• Adjust the operating income for the expense and the amortization of the createdasset.Adjusted Operating Income = Operating Income + SG&A...