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Brill Co. made the following expenditures during the current year:
Costs to develop computer software for use in
Costs to develop computer software for use in
Brill’s general management information system
$100,000
Costs of market research activities
75,000
What amount of these expenditures should Brill report in its current year income statement as research and development expenses under U.S. GAAP?
TO MY UNDERSTANDING, 75,000 should be capitalized, but why should the 100,000 be capitalized also? plz enlighten me!
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