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Candlewood LLC began its business on August 1, 2022; and it usesa calendar tax and an accounting year. Candlewood incurred $12,000in legal fees for drafting

Candlewood LLC began its business on August 1, 2022; and it usesa calendar tax and an accounting year. Candlewood incurred $12,000in legal fees for drafting the LLC's operating agreement and $6,000 Candlewood LLC began its business on August 1,2022 ; and it uses a calendar tax and an accounting year. Candlewood incurred \( \$ 12,000 \) in legal fees for drafting the LLC's operating agreement and 2 answers

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