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A computer company has $3,000,000 in research and development costs. Before accounting for these costs, the net income of the company is $2,400,000. What is the amount of net income or loss after these research and development costs are accounted for?

a. $600,000 loss
b. $2,400,000 net income
c. $0
d. Cannot be determined from the information provided

Respuesta :

Karabo99

Answer:

a. $600,000 loss

Explanation:

Net income before taxes and after R&D cost

= $2,400,000 - $3,000,000

= - $600,000

Therefore, The net loss after these research and development costs are accounted for is $600,000.

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