2. Which of the following statements is incorrect? A. Payment (except for medical or educational expense) of another person's obligation does not result in a tax deduction for the payer B. Regarding start-up costs, if the new business is in the same line of business as the existing one and if the new business is not launched, then none of the start-up costs are deductible. C. Payments for a speeding ticket are nondeductible D. Assume that the rental activity is classified as "production-of-income. If the taxpayer sells the rental property later at a loss, the loss will be treated as a capital loss (eg, $3,000/S1,500 deduction limit in the current year). E. Capital expenditures that appreciably extend an asset's useful life or materially add value are depreciated over years