Required Information

$[$The following information applies to the questions displayed below.$]$

Bethany incurred $$20,900$ in research and experimental costs for developing a specialized product during July $2023.$

Bethany went through a lot of trouble and spent $$10,450$ in legal fees to receive a patent for the product in August $2025.$

Bethany expects the patent to have a remaining useful life of $10$ years.

Note: Do not round intermedlate calculations.

a$.$ What amount of research and experimental expenses for $2023,2024,$ and $2025$ may Bethany deduct?

Answer is complete but not entirely correct.Required Information

$[$The following information applies to the questions displayed below.$]$

Bethany incurred $$20,900$ in research and experimental costs for developing a specialized product during July $2023.$

Bethany went through a lot of trouble and spent $$10,450$ in legal fees to receive a patent for the product in August $2025.$

Bethany expects the patent to have a remaining useful life of $10$ years.

Note: Do not round intermedlate calculations.

a$.$ What amount of research and experimental expenses for $2023,2024,$ and $2025$ may Bethany deduct?

Answer is complete but not entirely correct.