Iris, a calendar year cash basis taxpayer, owns and operates several TV rental outlets in Florida and wants to expand to other states. D uring 2020, she spends $14,000 to investigate TV rental stores in South Carolina and $9,000 to investigate TV rental stores in Georgia. She acquires the South Carolina operations but not the outlets in Georgia. As to those expenses, Iris should: a. Capitalize S14,000 and not deduct 89,000. b. Expense $23,000 for 2020. OC. Expense S9,000 for 2020 and capitalize $14,000. d. Capitalize S23,000