In April $2023,$ Blue Corporation incurred the following expenses in connection with the development of a new product:

Salaries

$$104,000$

Utilities

$18,000$

Materials

$25,000$

Advertising

$5,000$

Market survey

$3,000$

Depreciation on machine

$9,000$

Blue expects to begin selling the product in $2024.$ Determine the amount of the deduction for research and experimental expenditures for $2023.$

so

$$15,600$

$$20,800$

$$156,000$