Question
Exercise 12-15 (Part Level Submission) Swifty Corporation was organized in 2016 and began operations at the beginning of 2017. The company is involved in interior
Exercise 12-15 (Part Level Submission) Swifty Corporation was organized in 2016 and began operations at the beginning of 2017. The company is involved in interior design consulting services. The following costs were incurred prior to the start of operations. Attorneys fees in connection with organization of the company $17,200 Purchase of drafting and design equipment 12,200 Costs of meetings of incorporators to discuss organizational activities 7,100 State filing fees to incorporate 2,000 $38,500 Collapse question part (a) Compute the total amount of organization costs incurred by Swifty. Total organization costs $
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