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Treasure Land Corporation incurred the following costs in 2014. Cost of laboratory research aimed at discovery of new knowledge $127,660 Cost of testing in search

Treasure Land Corporation incurred the following costs in 2014.
Cost of laboratory research aimed at discovery of new knowledge

$127,660
Cost of testing in search for product alternatives

153,160
Cost of engineering activity required to advance the design of a
product to the manufacturing stage

218,330

$499,150
Prepare the necessary 2014 journal entry or entries for Treasure Land

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