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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Research and Development Costs In 2010, Lalli Corporation incurred R&D costs as follows:

These costs relate to a product that will be marketed in 2011. The company estimates that these costs will be recouped by December 31, 2014.
Required
What is the amount of R&D costs expensed in 2010?
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