Multiple Choice
Galaxy Corporation purchases specialty software from a software development firm for use in its business as of January 1 of the current year at a cost of $90,000.No hardware was acquired.How much of the cost can Galaxy deduct this year?
A) $18,000
B) $15,000
C) $30,000
D) $90,000
Correct Answer:
Verified
Correct Answer:
Verified
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