Pizer is a New York based pharmaceutical firm. Suppose the R&D expenditure along with the amortization schedule is known. Some records are missing from the amortization schedule and needs to be regenerated. Pizer decides to capitalize the R&D expenses incurred in developing a new drug Coronil, aimed to cure symptoms caused due to Covid-19. If current year's operating earnings is $5,000. What should be the adjusted operating earnings in the current year?

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