In 2017, Robin Corporation incurred the following expenditures in connection with the development of a new product:

In 2018, Robin incurred the following additional expenditures in connection with the development of the product:

In October 2018, Robin began receiving benefits from the project. If Robin elects to expense research and experimental expenditures, determine the amount and year of the deduction.

Question

In 2017, Robin Corporation incurred the following expenditures in connection with the development of a new product:
  
In 2018, Robin incurred the following additional expenditures in connection with the development of the product:
  
In October 2018, Robin began receiving benefits from the project. If Robin elects to expense research and experimental expenditures, determine the amount and year of the deduction.

Quizplus · Accepted Answer

The Answer of In 2017, Robin Corporation incurred the following expenditures in connection with the development of a new product:
  
In 2018, Robin incurred the following additional expenditures in connection with the development of the product:
  
In October 2018, Robin began receiving benefits from the project. If Robin elects to expense research and experimental expenditures, determine the amount and year of the deduction.

In 2017, Robin Corporation Incurred the Following Expenditures in Connection