Question: Corbin Inc., develops a new computer software beginning in 2 0 1 8 and the engineers determine that the software was technologically feasible on September

Corbin Inc., develops a new computer software beginning in 2018 and the engineers determine
that the software was technologically feasible on September 1,2019 before ultimately being
completed at the close of December 2019. The first sales of the software occurred on January 1,
2020. Costs in 2018 and 2019 were $2,310,00 and $4,254,600, respectively. Expenditures were
spread evenly over the respective years. What are R&D expenses incurred in 2019 related to this
new computer software?

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