Question: A computer company has $ 3980000 in research and development costs. Before accounting for these costs, the net income of the company is $ 4660000

A computer company has $3980000 in research and development costs. Before accounting for these costs, the net income of the company is $4660000. What is the amount of net income or loss before taxes after these research and development costs are accounted for?

Cannot be determined from the information provided.

$680000 loss.

$3980000 net income.

$680000 net income.

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