Question 30 In 2020, Margaret Corporation incurred research and development costs as follows: Materials and equipment 210,000 Personnel 240,000 Indirect costs 300,000 750,000 These costs relate to a product that will be marketed in 2021. It is estimated that these costs will be recouped by December 31, 2022, but its process has not achieved economic viability. The equipment has no alternative future use. What is the amount of research and development costs that should be expensed in 2020? A. 0. B. 450,000. C. 540,000. D. 750,000. Question 31 Bonds for which the owners' names are NOT registered with the issuing corporation are called A. Irredeemable bonds B. bearer bonds. C. term bonds. D. secured bonds. Question 32 Hugo Co. issued 100,000 of ten-year, 10% bonds that pay interest semiannually. The bonds are sold to yield 8%. One step in calculating the issue price of the bonds is to multiply the principal by the table value for A. 20 periods and 4% from the present value of an ordinary annuity of 1 table. B. 20 periods and 5% from the present value of 1 table. C. 20 periods and 4% from the present value of 1 table. D. 20 periods and 5% from the present value of an annuity due of 1 table