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Question(s) / Instruction(s):

A computer company has $2,500,000 in research and development costs. Before accounting for these costs, the net income of the company is $3,000,000. What is the amount of net income or loss before taxes after these research and development costs are accounted for? A. $500,000 net income B. $2,500,000 net income C. $500,000 loss D. Cannot be determined from the information provided

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