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Suppose a company spends $100,000 in the current year to research and develop a safety device for motorcycles. By the end of the year, the

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Suppose a company spends $100,000 in the current year to research and develop a safety device for motorcycles. By the end of the year, the company estimates that the new safety device has an 80% chance of generating $300,000 in revenues from sales to customers over the next five years. For what amount would Research and Development Expense be reported in the current year? O $100,000. $80,000. $20,000 ( 0) $0

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