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In 2 0 2 0 , Robot Laboratories Inc. began a research and development project, incurring expenses of $ 1 0 million for the research

2020,

Robot Laboratories Inc. began a research and development project, incurring expenses of $

10

million for the research facility and lab equipment. When this project is completed in

2022,

the facility and lab equipment will be used for general research work indefinitely. Under GAAP, Robot must expense the $

10

million in

2020 .

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