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Clorox reports Research and Development Costs on their income statement of $132 for fiscal year 2018. What is an effect of these Research and Development

Clorox reports Research and Development Costs on their income statement of $132 for fiscal year 2018. What is an effect of these Research and Development Costs on Cloroxs balance sheet?

Group of answer choices:

Intangible assets decreased.

Goodwill decreased.

No effect on balance sheet.

Retained earnings increased.

Retained earnings decreased.

Intangible assets increased.

Goodwill increased.

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