In 2014,Robin Corporation Incurred the Following Expenditures in Connection with the Development
In 2014,Robin Corporation incurred the following expenditures in connection with the development of a new product: Salaries $100,000 Supplies 40,000 Market survey 10,000 Depreciation 25,000 In 2015,Robin incurred the following additional expenditures in connection with the development of the product: Salaries $125,000 Supplies 50,000 Depreciation 30,000 Advertising 10,000 In October 2015,Robin began receiving benefits from the project.If Robin elects to expense research and experimental expenditures,determine the amount and year of the deduction.
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