Bethany incurred $20,000 in research and experimental costs for developing a specialized product during July of year 1. Bethany went through a lot of trouble and spent $10,000 in legal fees to receive a patent for the product in August of year 3. Bethany expects the patent to have a remaining useful life of 10 years.(Do not round intermediate calculations.)

Year 1: $2,000 in research and experimental expenses

Year 2: $4,000 in research and experimental expenses

Year 3: $2,333 in research and experimental expenses

B: How much patent amortization expense would Bethany deduct in year 3 assuming she elected to amortize the research and experimental costs over 60 months? (Round your answer to 2 decimal places.) Deductible patent amortization expense?_____________________________($531.05 is not correct per homework checker)

C: If Bethany chose to capitalize but not amortize the research and experimental expenses she incurred in year 1, how much patent amortization expense would Bethany deduct in year 3? Deductible patent amortization expense?_________________________________($735 is not right per homework checker)