Membo Ajab Hd is developing a new production pro cess - Duning 2019, expenditure incurred a Ksh 10,000,000 of which Ksh 1,000,000 was incurred before 1 December 2019 and 31 December 2019. Mambo Ajab Itd can demonstrate u that at 1 December (2010, the production process met the entena for Do recognition as an intangible asset. The reco yarable amount of the know-how z embodied in the process is estimated to be Ksh 5,000,000 bao tan oldipoti ano rolaph How should the expenditure be treated ?