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4 Required information Problem 10-73 (LO 10-4) (Algo) [The following information applies to the questions displayed below.] Nicole organized a new corporation. The corporation

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4 Required information Problem 10-73 (LO 10-4) (Algo) [The following information applies to the questions displayed below.] Nicole organized a new corporation. The corporation began business on April 1 of year 1. She made the following expenditures associated with getting the corporation started: Expense April 1-May 30 wages k Attorney fees for articles of incorporation March 1-March 30 wages March 1-March 30 rent Stock issuance costs nces Date February 10 March 30 March 30 April 1 May 30 Amount $ 42,000 7,000 3,000 21,000 17,500 Note: Leave no answer blank. Enter zero if applicable. Problem 10-73 Part d (Algo) d. What would be the total allowable organizational expenditures if Nicole started a sole proprietorship instead of a corporation? Allowable organizational expenditure

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