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The equipment has no alternative future use what is the

Question - In 2015, DEF Corporation incurred research and development costs as follows:

Materials and equipment $ 110,000

Personnel 130,000

Indirect costs 150,000

$ 390,000

These costs relate to a product that will be marketed in 2016. It is estimated that these costs will be recouped by December 31, 2018. The equipment has no alternative future use. What is the amount of research and development costs that should be expensed in 2015?

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