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| Which of the following is the proper treatment of the cost of equipment used in research and development activities that will have alternative future uses? A. Expensed in the year in which the research and development project started. B. Capitalized and depreciated over the term of the research and development project. C. Capitalized and depreciated over its estimated useful life. D. Either capitalized or expensed, but not both, depending on the term of the research and development project. |
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