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Blue Corporation, a manufacturing company, decided to develop a new line of merchandise, The project began in 2019, Blue had the following expenses in connection

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Blue Corporation, a manufacturing company, decided to develop a new line of merchandise, The project began in 2019, Blue had the following expenses in connection with the project: The new sduct will be introduced for sale beginning in April 2021. Determine the amount of the deduction for research and experimental expenditures for 2019,2020,2021, and 2022. If an amount is zero, enter " 0". Calculate the monthly expense to the nearest dollar and use in subsequent computations. a. If Blue Corporation elects to expense the research and experimental expenditures, what will the amount of the deduction be? b. If Blue Corporation elects to amortize the research and experimental expenditures over 60 months, what will the amount of the deduction be? The new product will be introduced for sale beginning in April 2021. Determine the amount of the deduction for research and expenmental expenditures for 2019,2020,2021, and 2022 . If an amount is zero, enter " 0 ,". Calculate the monthly expense to the nearest dollar and use in subsequent computations. a. If Blue Corporation elects to expense the research and experimental expenditures, what will the amount of the deduction be? b. If Blue Corporation elects to amortize the research and experimental expenditures over 60 months, what will the amount of the deduction be? How would your answer change if Blue Corporation incurred the expenses in 2022 and 2023 (rather than 2019 and 2020 )

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