Blue Corporation, a manutacturing 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 product will be introduced for sale beginning in April 2021. Detemine the amount of the deduction fot 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? an amount is zero, enter " 0 ". Calculate the monthly expense to the nearest dollar and use in subsequent computations. If Blue Corporation elects to expense the research and experimental expenditures, what will the amount of the deduction be? Feedtack Thece My Wert Section 174 covers the treatment of research and experimental expenditures. The Requlations define research and experimental expendi follows: all such costs incident to the development of an experimental or pilot model, a plant process, a product, a formula, an invention, similar property, and the improvement of already existino property of the type mentioned. The term does not indude oxpenditures such a for the ordinary testing or inspection of materials or products for quality control or those for efficiency surveys, management studies, cons surveys, advertising, or promotions. b. If Blue Corporation elects to amortize the research and experimental expenditures over 60 months, what will the amount of the deduction be