In 2019, Tan Corporation Incurred the Following Expenditures in Connection

Essay

In 2019, Tan Corporation incurred the following expenditures in connection with the development of a new product: $$\begin{array} { l r } \text { Salaries } & \$ 60,000 \\\text { Supplies } & 20,000 \\\text { Depreciation on research equipment } & 10,000 \\\text { Testing for quality control } & 5,000 \\\text { Advertising } & 8,000 \\\text { Overhead allocated to research } & 2,000\end{array}$$ Tan began selling the product in November 2019.If Tan elects to amortize research and experimental expenditures, determine its deduction for 2019.