Daschle LLC completed some research and development during June of the current year. The related costs were $63,000. If Daschle wants to capitalize and amortize the costs as quickly as possible, what is the total amortization amount Daschle may deduct during the current year?
A) $0
B) $6,825
C) $7,350
D) $12,600
E) None of the choices are correct.
Correct Answer:
Verified
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