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Daschle LLC Completed Some Research and Development During June of the Current

question 53

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Daschle LLC completed some research and development during June of the current year. The related costs were $60,000. If Daschle wants to capitalize and amortize the costs as quickly as possible, what is the total amortization amount Daschle may deduct during the current year?


Definitions:

Primary Sex Characteristics

the main biological and physiological features distinguishing the male and female sexes, such as the reproductive organs.

Puberty

The developmental stage during which children mature sexually and physically, enabling the capability of reproduction.

Despair

A profound and overwhelming sense of hopelessness, dejection, and defeat.

Regret

A negative emotional state that involves feeling sorry for actions or failures to act in the past.

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