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Question 20 X Company, following US GAAP, successfully developed a new medication at a cost of $10 million in research and $15 million in development.

Question 20\ X Company, following US GAAP, successfully developed a new medication at a cost of

$10

million in research and

$15

million in development. The cost of filing the patent with the US government were

$200,000

. X can capitalize:\ $15 Million\

$25

million\

$25.2

million\

$200,000
image text in transcribed
- X Company, following US GAAP, successfully developed a new medication at a cost of $10 million in research and $15 million in development. The cost of filing the patent with the US government were $200,000. X can capitalize: 1. \$15 Million 2. $25 million 3. $25.2 million 4. $200,000

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