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(2) International Wine Corporation has $51,000 in organization expenses in Year 1. It starts business on May 1 of Year 1. How much can it

(2) International Wine Corporation has $51,000 in organization expenses in Year 1. It starts business on May 1 of Year 1. How much can it deduct in Year 1? How much will it deduct in Year 22 (10 Points)

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