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Sandoval Inc

Question 54

Multiple Choice

Sandoval Inc.incurred the following costs during the year ended December 31, 2017: Sandoval Inc.incurred the following costs during the year ended December 31, 2017: Assuming the 6 specific conditions have been demonstrated, the total amount to be classified as development costs (either deferred or capitalized) in 2017 is A) $145,000. B) $240,000. C) $327,000. D) $600,000. Assuming the 6 specific conditions have been demonstrated, the total amount to be classified as development costs (either deferred or capitalized) in 2017 is


A) $145,000.
B) $240,000.
C) $327,000.
D) $600,000.

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