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Exercise 5-4 (Algorithmic) (LO. 4) Sandstorm Corporation decides to develop a new line of paints. The project begins in 2023. Sandstorm incurs the following expenses

Exercise 5-4 (Algorithmic) (LO. 4) Sandstorm Corporation decides to develop a new line of paints. The project begins in 2023. Sandstorm incurs the following expenses in 2023 in connection with the project: Salaries Materials $168,400 50,520 25,260 Depreciation on equipment The benefits from the project were realized starting in July 2024. If an amount is zero, enter "0". What are Sand-storm's related deductions in 2023 and 2024 in connection with the project? 2023: $ ox 24,418 X 2024: $

Sandstorm Corporation decides to develop a new line of paints. The project begins in 2023 . Sandstorm incurs the following expenses in 2023 in connection with the project: The benefits from the project were realized starting in July 2024. If an amount is zero, enter "0". What are Sand-storm's related deductions in 2023 and 2024 in connection with the project? 2023:12024:5xx

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