In 2018, Robin Corporation Incurred the Following Expenditures in Connection

Essay

In 2018, Robin Corporation incurred the following expenditures in connection with the development of a new product: $$\begin{array}{l}\begin{array} { l r } \text { Salaries } & \$ 100,000 \\\text { Supplies } & 40,000 \\\text { Market survey } & 10,000 \\\text { Depreciation } & 25,000\end{array}\\\\\text { In 2019, Robin incurred the following additional expenditures in connection with the development of the product: }\\\\\begin{array} { l r } \text { Salaries } & \$ 125,000 \\\text { Supplies } & 50,000 \\\text { Depreciation } & 30,000 \\\text { Advertising } & 10,000\end{array}\end{array}$$ In October 2019, Robin began receiving benefits from the project.If Robin elects to expense research and experimental expenditures, determine the amount and year of the deduction.