A company developed a new technology, but it was not sure of success at first. In the process of developing this new technology, the enterprise incurred 65.438 million yuan in material costs and 200,000 yuan in labor costs. The related expenses incurred in the development stage are 600,000 yuan, all of which meet the capitalization conditions. After the successful research, the patent registration fee is 80,000 yuan, and the lawyer's fee is 1 10,000 yuan. What is the entry value of this patent right?
A: The recorded value of this patent right = 600,000+80,000+1 10,000 = 690,000.
If it is two legal fees:
The entry value of patent right = 600000+80000+10000+10000 = 700000.