During January and February of the current year, Big Shot LLC incurs $39,200 in travel, feasibility studies, and legal expenses to investigate the feasbility of opening a new entertainment gallery in one of the new suburban mils in town. Big Shot LLC does not own any other entertainment galleries and it does not own anything similar at the current time. Assume that the year is 2017 Read the requirements Requirement a. What is the proper tax treatment of these expenses if Big Shot does not open the new galery? If Big Shot does not open the new gallery, they (Enler a "o if the curent year deduction is zero.) Big Shot's total current year deduction in this scenario will be S - Requirement b. What is the proper tax treatment of these expenses if Big Shot decikdes to open the new gallery on August 1 of the current year and makes the appropriate election under Sec. 1952 it Big Shot decidos to open the new gallery on August 1 of the current year,they Big Shot's total current year deduction in this scenario will be