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19 1 rt 1 of 5 23 nts eBook Hint Required information Problem 10-72 (LO 10-4) (Algo) [The following information applies to the questions displayed
19 1 rt 1 of 5 23 nts eBook Hint Required information Problem 10-72 (LO 10-4) (Algo) [The following information applies to the questions displayed below.] 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 the portion of the expenditures that are amortized over 180 months) this year in the following alternative scenarios: (Leave no answer blank. Enter zero if applicable.) Problem 10-72 Part a (Algo) a. She incurred start-up costs of $4,000. Ask Amount of start-up costs immediately expensed 20 Part 2 of 5 .23 oints Required information Problem 10-72 (LO 10-4) (Algo) [The following information applies to the questions displayed below.] 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 the portion of the expenditures that are amortized over 180 months) this year in the following alternative scenarios: (Leave no answer blank. Enter zero if applicable.) eBook Hint Problem 10-72 Part b (Algo) b. She incurred start-up costs of $44,750. Ask Amount of start-up costs immediately expensed 21 ! Part 3 of 5 23 Dints Required information Problem 10-72 (LO 10-4) (Algo) [The following information applies to the questions displayed below.] 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 the portion of the expenditures that are amortized over 180 months) this year in the following alternative scenarios: (Leave no answer blank. Enter zero if applicable.) eBook + Hint Problem 10-72 Part c (Algo) c. She incurred start-up costs of $53,350. Ask Amount of start-up costs immediately expensed 22 ! Part 4 of 5 23 oints Required information Problem 10-72 (LO 10-4) (Algo) [The following information applies to the questions displayed below.] 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 the portion of the expenditures that are amortized over 180 months) this year in the following alternative scenarios: (Leave no answer blank. Enter zero if applicable.) eBook Hint Problem 10-72 Part d (Algo) d. She incurred start-up costs of $65,000. Ask Amount of start-up costs immediately expensed 23 Part 5 of 5 23 Dints Required information Problem 10-72 (LO 10-4) (Algo) [The following information applies to the questions displayed below.] 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 the portion of the expenditures that are amortized over 180 months) this year in the following alternative scenarios: (Leave no answer blank. Enter zero if applicable.) eBook Hint Ask Problem 10-72 Part e (Algo) e. How would you answer parts (a) through (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)? Costs Incurred Amount Print 4,000 $ 44,750 References $ 53,350 65,000
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