Juliette formed a new business to sell sporting goods this year.The business opened its doors to customers on June 1.Determine the amount of start-up costs Juliette can immediately expense (not including amortization) this year in the following alternative scenarios.
a. She incurred start-up costs of $2,000.
b. She incurred start-up costs of $45,000.
c. She incurred start-up costs of $53,500.
d. She incurred start-up costs of $63,000.
e. How would you answer parts (a-d) if she formed a partnership or a corporation and she incurred the same amount of organizational expenditures rather than start-up costs (how much of the organizational expenditures would be immediately deductible)?