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Winner Winner Chicken Dinner Pharmaceuticals is working on a new vaccine during 2019 and 2020. They have the following expenses specifically related to this research:

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Winner Winner Chicken Dinner Pharmaceuticals is working on a new vaccine during 2019 and 2020. They have the following expenses specifically related to this research: 2019: Salaries $60,000, Materials $50,000, Routine Quality Testing $40,000 2020: Salaries $70,000, Materials $30,000. Promotions $25,000 They elect the 60-month deferral and amortization method of deducting the expenses. Benefits from this project will begin on May 1, 2021. How much can Winner Winner Chicken Dinner Pharmaceuticals deduct in each of the following years? Be specific on what is included and how you came up with your answer for each year. 2019 2020 2021 2022 **This question is worth 20 points. 5 points for each year you answer correctly

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