During January and February of the current year, Big Bang LLC incurs $51,000 in travel, feasibility studies, and legal expenses to investigate the feasibility of opening a new entertainment gallery in one of the new suburban malls in town. Bg Bang LLC does not own any other entertainment galleries and it does not own anything sim ar at the current time. Assume that the year is 2018. Read the equirements Requirement a. What is the proper tax treatment of these expenses if Big Bang does not open the new gallery? If Big Bang does not open the new gallery, they Do not round intermediary calculations. Only round the amount you input in the input field to the nearest dollar. Enter a "D' if the current year deduction is zero.) Current year deduction if the company does not open the gallery: Requirement b. Wha: is the proper tax treatment of these expenses if Big Bang decides to open the new gallery on May 1 of the current year and makes the appropriate election under Sec. 195? If Big Bang decides to open the new gallery on May 1 of the current year, they (Do not round intermediary calculations. Only round the amount you input in the input neld nter a if the current year deduction is zero) Current year deduction if the company does open the gallery to the nearest dollar. E Requirements What is the proper tax treatment of these expenses if Big Bang does not open the new galery? What is the proper tax treatment of these expenses if Big Bang decides to open the new galery on May 1 of the current year and makes the appropnate election under Sec. 1952 a. b. under sec Print Done Enter any number in the edit fields and then continue to the next