Multiple Choice
Daschle LLC completed some research and development during June of the current year.The related costs were $60,000. If Daschle wants to capitalize and amortize the costs as quickly as possible, what is the total amortization expense Daschle may deduct during the current year?
A) $12,000
B) $6,500
C) $0
D) $7,000
E) None of the choices are correct.
Correct Answer:
Verified
Correct Answer:
Verified
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