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20. Your client owns a bakery at the beach, and she runs the business from June through September. She has decided to open up another

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20. Your client owns a bakery at the beach, and she runs the business from June through September. She has decided to open up another shop in the off-season months in Philadelphia from October through January where she will sell novelty items for the holidays (e.g., costumes for Halloween, porcelain turkeys for Thanksgiving and Christmas omaments). Which of the following statements is correct? a. If she opens up the Philadelphia store, she can eventually deduct all start-up expenses over the prescribed period. b. If she opens up the Philadelphia store, she cannot deduct any start-up expenses because it is not the same type of business. c. If she does not open the Philadelphia store, she can deduct all startup expenses! over the prescribed period because she already has a business

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