Bethany incurred $31,500 in research and experimental costs for developing a specialized product during July of year 1. Bethany went through a lot of trouble and spent $16,000 in legal fees to receive a patent for the product in August of year 3. Bethany expects the patent to have a remaining useful life of 10 years

a. What amount of research and experimental expenses for year 1, year 2, and year 3 may Bethany deduct if she elects to amortize the expenses over 60 months?

	Research and experimental expenses
Year 1
Year 2
Year 3

c. If Bethany chose to capitalize but not amortize the research and experimental expenses she incurred in year 1, how much patent amortization expense would Bethany deduct in year 3?

Deductible patent amortization expense?