In 2009,Robin Corporation incurred the following expenditures in connection with the development of a new product:
In 2010,Robin incurred the following additional expenditures in connection with the development of the product:
In October 2010,Robin began receiving benefits from the project.If Robin elects to expense research and experimental expenditures,determine the amount and year of the deduction.
Deductibility of research and experimental expenditures is permitted in the year of incurrence.

Question

In 2009,Robin Corporation incurred the following expenditures in connection with the development of a new product:
  In 2010,Robin incurred the following additional expenditures in connection with the development of the product:
  In October 2010,Robin began receiving benefits from the project.If Robin elects to expense research and experimental expenditures,determine the amount and year of the deduction.
Deductibility of research and experimental expenditures is permitted in the year of incurrence.

Quizplus · Accepted Answer

The Answer of In 2009,Robin Corporation incurred the following expenditures in connection with the development of a new product:
  In 2010,Robin incurred the following additional expenditures in connection with the development of the product:
  In October 2010,Robin began receiving benefits from the project.If Robin elects to expense research and experimental expenditures,determine the amount and year of the deduction.
Deductibility of research and experimental expenditures is permitted in the year of incurrence.

In 2009,Robin Corporation Incurred the Following Expenditures in Connection with the Development