Zenon Corporation (a calendar-year corporation) began work on a new experimental project in 2006. It incurred $8,000 in qualifying research expenses in 2006 and $11,000 in 2007.The benefits from the project will be realized beginning in February 2008.

a. If Zenon elects a 60-month amortization period, how much will it deduct in 2006, in 2007, and in 2008?

b. If Zenon elects to expense the research expenditures, how much will it deduct in 2006, in 2007, and in 2008?

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