Q19

Question 19 (1 point} \\I' Saved Johnson Tech, Inc. spent cash totaling $000,000 in the 2021 fiscal year on research and development activities. Under current generally accepted accounting principals, how will this affect Johnson Tech's 2021 financial statements? 6) a} Cash goes down and retained earnings goes down. 0 '3} Cash goes down and goodwill goes up. 0 C} Cash goes down and a RED assets goes up. 0 5\" Cash goes down and a liability account goes down. 0 '3} None of these answers is correct