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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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