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A company spent $ 1 0 0 , 0 0 0 on research and development in Year 1 . As a result of the products

A company spent $

100, 000

on research and development in Year

1 .

As a result of the products that were successfully developed, additional revenue is expected to total $

600, 000

over the next five years. When should these research and development costs be reported as an expense?

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