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Business, 22.11.2019 01:31 oliviavaughan01

In 2018, stonebrook corporation incurred the following expenditures in connection with the development of a new product: salaries $ 80,000 supplies 35,000 depreciation on research equipment 12,000 testing for quality control 6,000 advertising 7,500 overhead allocated to research 3,000stonebrook began selling the product in november, 2018. if tax elects to amortize research and experimentalexpenditures, determine stonebrook’s deduction for 2019.

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