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During the current year, a ABC company incurred the following costs: 90606 12814 R&D services performed by XYZ for ABC R&D performed by ABC for
During the current year, a ABC company incurred the following costs: 90606 12814 R&D services performed by XYZ for ABC R&D performed by ABC for QRS Design, construction, and testing of preproduction prototypes and models 53918 Testing in search for new products or process alternatives The amount ABC should report as R&D expense is: 93323
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