Bethany incurred $64,000 in research and experimental costs for developing a specialized product during July 2022. Bethany went through a lot of trouble and spent $32,000 in legal fees to receive a patent for the product in August 2024. Bethany expects the patent to have a remaining useful life of 10 years.

Note: Do not round intermediate calculations.

a. What amount of research and experimental expenses for 2022, 2023, and 2024 may Bethany deduct?

	Research and Experimental Expenses
2022
2023
2024

b. How much patent amortization expense would Bethany deduct in 2024?

Deductible patent amortization expense

c. If Bethany chose to capitalize but not amortize the research and experimental expenses she incurred in 2022, how much patent amortization expense would Bethany deduct in 2024?

Deductible patent amortization expense