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Fine Food, Inc. incurred the following costs in 2 0 2 2 : What amount should Fine Foods report as research and development costs in

Fine Food, Inc. incurred the following costs in 2022:
What amount should Fine Foods report as research and development costs in its income statement for the year ended December 31,2022?
\table[[\table[[Research and development services performed by],[Kay Corp. for Fine Foods]],$150,000
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