Iris calendar year cash basis taxpayer owns and operates several computer repair shops in Florida and wants to expand to other states. During this year she spends $14,000 to investigate computer repair shops in South Carolina and $9,000 to investigate computer repair shops in Georgia. She purchases the South Carolina shops, but not the shops in Georgia. This year, Iris should:

a.Deduct $23,000

b.Deduct $9,000 and capitalize $14,000

c.Capitalize $14,000 and not deduct $9,000