Utilizing Figure 2-3, develop the eight elements for the following issue: Daimler Auto Parts, Inc., headquartered in Munich, Germany, is attempting to register with the SEC in order to list its stock on the New York Stock Exchange. Daimler currently is capitalizing most of its research and development (R&D) costs. Daimler"s management has requested your advice with regard to the conformity of its R&D accounting with U.S. GAAP and/or International Accounting Standards.