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In April 2023, Blue Corporation incurred the following expenses in connection with the development of a new product: Blue expects to begin selling the product

image text in transcribed In April 2023, Blue Corporation incurred the following expenses in connection with the development of a new product: Blue expects to begin selling the product in 2024. Determine the amount of the deduction for research and experimental expenditures for 2023. a. $20,800 b. $15,600 c. $156,000 d. $0

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